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New energy vehicle retailer JZXN has announced plans to acquire 1,000 bitcoins within a year

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2025-05-22 14:02:56
The board of directors of Jiuzi Holdings, Inc. (NASDAQ: JZXN), a Chinese new energy vehicle retailer, has officially approved a major strategic decision: the company will acquire 1,000 bitcoins in the next year through a dual-track approach of additional stock issuance and cash purchases.
The company is mainly engaged in new energy vehicle concessions and retail business, and currently cooperates with more than 20 electric vehicle and battery manufacturers to sell new energy vehicles in third- and fourth-tier cities in China.
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