Jiuzi Holdings announces a $1 billion encryption treasury plan! BTC and ETH are the preferred assets.On September 24, 2025, Chinese electric vehicle charging infrastructure provider Jiuzi Holdings announced that its board approved a "Crypto Assets Investment Policy," authorizing up to $1 billion in cash reserves to invest in Bitcoin, Ethereum, and other cryptocurrencies as a long-term store of value to hedge against economic uncertainty. This move appointed crypto expert Doug Buerger as COO to lead, initially focusing on BTC, ETH, and other mainstream tokens, with subsequent expansions requiring risk committee approval. The company's stock price soared 55% in pre-market trading. After the announcement, the stock price fell 32% to $0.32. This strategy aligns with the trend of corporate treasury, with Strategy holding 639,835 BTC and BitMine holding 2.41 million ETH (over $10 billion), expecting the corporate crypto holdings to exceed $100 billion by 2025.
MarketWhisper·2025-09-25 07:51