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Jiuzi Holdings receives $80 million in strategic crypto investment, plans to promote the injection of Bitcoin and other crypto assets
Deep Tide TechFlow News, March 6 — Jiuzhi Holdings announced that it has signed an investment agreement with a leading global cryptocurrency asset investment firm. The firm subscribed for 40 million common shares at $2 per share, totaling $80 million in cash, and completed the transaction today.
The strategic investor will receive a board seat and will be deeply involved in the operation of the company’s crypto asset treasury committee. Both parties have also initiated the second phase of cooperation, planning to inject actual crypto assets in the form of a portfolio of Bitcoin, Ethereum, and stablecoins. The specific plan will be advanced based on market and regulatory conditions.