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Banking & Finance

Nasdaq Firm Jiuzi Holdings Plans $1B Bitcoin Acquisition From 'Strategic Investor'

·15 Aug
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Nasdaq-listed Jiuzi Holdings Inc. announced plans to acquire 10,000 Bitcoin (BTC) in a $1 billion transaction from a strategic digital asset investor. This move aims to significantly expand the company’s digital asset reserves, strengthen its balance sheet, and position it more prominently in the global cryptocurrency market. The acquisition is part of a broader strategic partnership that includes collaboration on digital asset infrastructure and treasury optimization.

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