Jiuzi Holdings Secures $80 Million Investment to Build Crypto Asset Treasury

Jiuzi Holdings has finalized an investment agreement with a strategic investor worth $80 million through a share issuance of 40 million shares priced at $2 each. The first tranche of the deal has been completed, with proceeds planned to enhance the company’s cash position and establish a crypto asset treasury. This treasury is set to include major cryptocurrencies such as Bitcoin and Ethereum, alongside stablecoins typically used for maintaining price stability in digital markets.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.