Jiuzi Holdings plans Bitcoin investment strategy

Published 22/05/2025, 14:34
Jiuzi Holdings plans Bitcoin investment strategy

HANGZHOU, China - Jiuzi Holdings, Inc. (NASDAQ:JZXN), a small-cap company with a market capitalization of $31.93 million and trailing twelve-month revenue of $1.4 million, has announced a strategic initiative to acquire 1,000 Bitcoins within the next year. The acquisition will be funded through a mix of additional stock issuance and cash purchases. This decision is part of JZXN’s broader commitment to investing in digital currencies and blockchain technology. According to InvestingPro analysis, the stock has shown significant price volatility, with a notable 116% surge over the past six months.

The company’s Board of Directors has approved the Bitcoin acquisition plan after extensive evaluation. JZXN cites Bitcoin’s liquidity, market recognition, and potential for value increase as reasons for the investment. The inclusion of Bitcoin in JZXN’s asset portfolio is intended to diversify investment risk and potentially yield long-term benefits.

To facilitate the acquisition, JZXN will issue additional shares at an appropriate time to raise funds, while also using internal resources and potential external financing. This dual-track approach is designed to protect shareholder interests and ensure sufficient acquisition funding. InvestingPro data reveals the company maintains a strong current ratio of 4.83, indicating sufficient liquid assets to meet short-term obligations, though it’s worth noting the company is currently burning through cash rapidly.

JZXN’s CEO expressed confidence in the decision, acknowledging Bitcoin’s market volatility but emphasizing a deep understanding of blockchain technology and a long-term optimistic outlook. The acquisition aims to enrich the company’s asset structure, enhance profitability, and bolster its risk resistance. Moreover, JZXN plans to continue exploring blockchain applications in various fields.

This move by JZXN reflects a growing trend among companies to integrate cryptocurrencies into their investment strategies. The information is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.