#Cryptocurrency #United States #Hangzhou #Bitcoin #Jiuzi Holdings

Jiuzi Holdings, Inc. Secures 100 Bitcoin in Private Placement

Jiuzi Holdings, Inc. (NASDAQ: JZXN), a leading player in the energy infrastructure service sector, recently confirmed its successful acquisition of 100 Bitcoin through a strategic private placement. This significant move illustrates the company's commitment to integrating digital assets into its financial strategy as it steps into a new phase of cryptocurrency treasury implementation.

The recent transaction's total amount was settled in Bitcoin, blending traditional equity financing with digital assets. This innovative approach not only showcases Jiuzi's proactive recognition of market trends but also underscores its forward-thinking strategy within the cryptocurrency domain. The funds raised through this maneuver are earmarked for two primary strategic directions: building a smart platform for digital asset custody and developing advanced encrypted storage systems.

The response to this transaction has been notably positive; following the announcement, Jiuzi’s stock prices exhibited a steady upward trend, remaining consistently above previous closing prices. This increase highlights investor approval and signals strong market interest in evolving financial tools in the digital era.

Tao Li, the CEO of Jiuzi Holdings, commented on the initiative, stating, "Since the signing of the agreement on October 7, we have prioritized the balance between compliance and innovation. The Bitcoin-denominated funds will primarily focus on research and development in blockchain technologies, specifically in secure multiparty computation and zero-knowledge demonstrations. This will lay the groundwork for the creation of next-generation digital financial service platforms."

In addition to entering the cryptocurrency realm, Jiuzi Holdings remains committed to enhancing its core operations. The company is known for being a national leader in providing energy infrastructure services, particularly focusing on the development of charging networks in third- and fourth-tier cities. Their high-power DC charging stations, integrated with energy storage systems, have positioned the company favorably for large-scale operational benefits.

The firm's ongoing project, known as the "Smart Energy Cloud Platform," aims to create intelligent interactions between charging stations and the electric grid using Internet of Things (IoT) technology. The financial gains from this private placement will enable Jiuzi to initiate research and development tests for cross-border digital payment solutions, significantly broadening its business horizons.

This strategic shift not only reflects an evolving landscape in energy and technology but also emphasizes Jiuzi's aim to align with the digital economy's growth potential. With the increasing recognition of digital financial instruments, Jiuzi is engaging in innovation while sticking firmly to its foundational operational goals. The corporation’s multifaceted approach — integrating cryptocurrency with traditional energy services — sets a promising precedent for stakeholders in both sectors. As Jiuzi Holdings continues to expand its influence, it highlights the importance of balancing innovation with regulatory compliance in a rapidly changing financial landscape.

For further details, you can visit Jiuzi Holdings’ official website at jzxn.com.