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Deep Tide TechFlow News, March 6th, Jiuzhi Holdings announced the signing of an investment agreement with a leading global cryptocurrency asset investment firm. The firm subscribed for 40 million common shares at a price of $2 per share, totaling an investment of $80 million in cash, and completed the transaction on the same day.
The strategic investor will receive a board seat and will be deeply involved in the operation of the company's cryptocurrency treasury committee. Both parties have also initiated the second phase of cooperation, planning to inject actual crypto assets in the form of a Bitcoin, Ethereum, and stablecoin portfolio. The specific plan will be advanced based on market and regulatory conditions.