Jiuzi Holdings, Inc. Announces $1 Billion Cryptocurrency Acquisition Plan with Bitcoin Purchase in Two Weeks

Jiuzi Holdings, Inc. Unveils Ambitious $1 Billion Cryptocurrency Acquisition Strategy

In a significant announcement, Jiuzi Holdings, Inc. (NASDAQ: JZXN) has detailed its groundbreaking $1 billion cryptocurrency acquisition strategy, with plans for the inaugural Bitcoin purchase to be finalized within a fortnight. This strategic move marks a pivotal moment for the company, reflecting its commitment to innovating in the financial landscape.

A Comprehensive Investment Approach

The company plans to source capital from market investors, with a firm commitment to executing its strategy through a continuous purchase framework capped at $1 billion. This approach signifies not just an initial investment but a sustained commitment to enhancing Jiuzi's financial infrastructure.

Following the initial announcement, Jiuzi clarified that its capital structure will be diversely funded. Extensive dialogues have been conducted with institutional investors, long-term stakeholders, and strategic allies, demonstrating a robust interest in the company’s future direction. Anticipated financing sources will include market financings, additional commitments from existing shareholders, operational revenue, and contributions from institutional investors. This diversified funding mix underlines a strong recognition of Jiuzi's solid fundamentals and strategic vision by the capital market, thereby providing a dependable backbone for implementing the cryptocurrency acquisition plan.

Commentary from Company Leadership

Tao Li, the Chief Executive Officer of Jiuzi Holdings, expressed optimism regarding the plan's reception from a wide array of investors. He articulated, "The solid backing this plan has received from various investors instills confidence in us. It not only acknowledges our achievements but also speaks to the trust in our capacity to create value moving forward. A strong foundation of long-term, strategic capital will empower us to pursue our objectives with greater assurance."

The overarching aim of the capital plan is to expand Jiuzi’s global market share, optimize its capital structure, and enhance the long-term value of the organization. Through the introduction of diversified capital and a disciplined implementation strategy, Jiuzi seeks to cement its leadership position while harnessing new growth opportunities. Notably, the initial acquisitions under this program are expected to commence within the next two weeks.

Commitment to Compliance and Transparency

Jiuzi has reassured stakeholders that all transactions will be executed transparently and in full compliance with existing laws, regulations, and market standards. Timely updates will be shared to guarantee that all investors have equal access to pertinent information concerning the acquisition progress.

This announcement signifies a crucial milestone for Jiuzi as it embarks on its next growth phase, positioning itself for long-term success in a rapidly evolving market environment, particularly within the cryptocurrency domain.

About Jiuzi Holdings, Inc.

Jiuzi Holdings, Inc. stands out as a prominent provider of intelligent charging infrastructure for new energy vehicles (NEV) in lower-tier cities throughout China. The company specializes in high-performance DC fast charging stations equipped with integrated energy storage systems. Furthermore, Jiuzi aims to expand its operations by 2026, aligning with China’s carbon neutrality objectives and supporting sustainable transportation initiatives. To explore more about the company and its innovative products, visit jzxn.com.