Jiuzi Holdings Embraces Cryptocurrency Strategy with New Investment Policy

Jiuzi Holdings, Inc., a prominent player in the realm of intelligent charging infrastructure for electric vehicles in China, has recently made a significant strategic announcement that could reshape its financial trajectory. Following the appointment of Dr. Doug Buerger as Chief Operating Officer (COO), the company’s Board of Directors has officially endorsed a Crypto Asset Investment Policy that allows for the allocation of up to $1 billion in crypto assets.

Strategic Shift Towards Cryptocurrency

The decision to adopt a crypto asset investment strategy comes at a time when the global cryptocurrency landscape continues to evolve and gain traction among institutional investors. Dr. Buerger, who boasts extensive expertise in the crypto space, previously held influential roles that solidified his reputation as a trusted authority in the sector. In his new role, he aims to guide the company through this significant transition.

CEO Tao Li expressed his enthusiasm for this initiative, emphasizing its potential to bolster shareholder value while employing a prudent risk management approach. "Adopting the Crypto Asset Investment Policy represents a proactive step in our treasury management," he stated, underscoring the importance of innovation in asset management today.

Core Framework of the Policy

The newly instituted policy is built on a solid foundation, outlining clear parameters to ensure an effective and responsible investment approach. Here are the key elements of the framework:

1. Investment Cap: The Board has given the green light for Jiuzi Holdings to deploy up to $1 billion in designated funds toward the acquisition of selected crypto assets. This cap allows the company to manage its exposure and mitigate potential risks.

2. Asset Selection: During its initial phase, the company will focus on investing in a limited number of crypto assets, namely Bitcoin (BTC), Ethereum (ETH), and BNB. Should there be an intention to expand into other assets, these must receive thorough reassessment and approval from the Board's dedicated Risk Committee.

3. Custody Standards: To ensure the utmost security of the acquired assets, Jiuzi Holdings will not engage in self-custody, opting instead for professional custodial services.

4. Governance Oversight: A specialized Crypto Asset Risk Committee has been established, led by CFO Huijie Gao. This committee is tasked with overseeing policy implementation and will provide regular updates to the Board, ensuring that the investment strategy aligns with the company’s overall risk management portfolio.

Dr. Buerger expressed his gratitude for the opportunity to lead this important initiative. He remarked, "We are not engaging in short-term trading or speculation; rather, we view crypto assets as long-term stores of value to hedge against macroeconomic uncertainties." His insight reflects a measured approach that prioritizes sustainability and strategic foresight over volatility.

Expectations for Transparency

Jiuzi Holdings is committed to rigorous reporting standards and expects to disseminate relevant updates through Form 6-K filings with the SEC following any significant purchasing activities. This commitment to transparency aims to maintain shareholder confidence as the company navigates this new landscape of digital asset investment.

The Future of Jiuzi Holdings

As Jiuzi Holdings embarks on this adventurous path, the company remains focused on its commitment to enhancing new energy vehicle infrastructure in China. The investment in cryptocurrency represents just one facet of its overall strategy to engage with emerging trends while adhering to principles of financial prudence.

The deployment of smart charging piles is positioned to continue through 2026, aligning with China’s ambitious carbon neutrality goals and the wider movement towards sustainable transportation. As the global economy shifts towards more digital and sustainable solutions, Jiuzi Holdings aims to stay at the forefront of these changes, reinforcing its status as a leader in the market.

For inquiries, visit Jiuzi Holdings for more details.