Jiuzi Holdings Launches $1 Billion Cryptocurrency Investment Plan: Initial Bitcoin Purchase Expected Soon

Jiuzi Holdings, Inc., a prominent provider of new energy vehicle (NEV) intelligent charging infrastructure in China’s lower-tier cities, has announced a phased capital investment plan to acquire up to US$1 billion in cryptocurrency. The company aims to initiate initial Bitcoin purchases within the next two weeks and is strategically deploying diverse funding sources. 50% of the funds will be allocated for this initiative, with the remaining balance distributed across various projects.