Jiuzi Holdings plans acquisition of 10,000 BTC through $1 billion stock swap agreement

On March 5th, Jiuzi Holdings, a US-listed firm, announced a strategic deal to acquire 10,000 BTC for around 1 billion USD. The investor will receive JZXN equity in return.

Headquartered in Hangzhou, China, Jiuzi Holdings originally focused on new energy vehicles. The company now pivots towards integrating and managing digital assets.