Jiuzi Holdings Raises $80 Million Through Rights Offering to Build a Crypto Asset Treasury
Svmuu News Nasdaq Listed company Jiuzi Holdings announced that it has reached and signed an investment agreement with a strategic investor, which will subscribe to 40 million shares of common stock at a price of $2 per share, for a total investment of $80 million.The first tranche of investment funds has already been settled. The new capital will be used to expand cash reserves to support the establishment of a crypto asset treasury and the formulation of asset allocation strategies. The treasury is expected to include a variety of cryptocurrencies, such as Bitcoin, Ethereum, and stablecoins. (Globenewswire)
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
What Is CPS? An Analysis of the Crypto Project Behind the Multi-Meaning Acronym and an Assessment of Investment Risks
-
2
BUSD Stablecoin: An Analysis of Its Definition, Rise and Fall, and Current Status
-
3
Analysis: Bloom Energy (BE) Emerges as Top AI-Power Stock Pick, Reports Over $1 Billion Revenue and $196 Million Net Profit in Q2 2026
-
4
Analysts believe that if the crypto market enters a new cycle, a portfolio of Bitcoin, and XRP could outperform the S&P 500 by 2030.
-
5
Baird Analyst Doubles AMD Price Target to $1,250 (155% Upside) After Stock's 10% July Drop, Citing Microsoft's Strong Azure Growth
-
6
TRUMP ON ISRAEL, HAMAS DEAL: BIG STEP FOR MIDDLE EAST
-
7
Liquidity Crunch in Cryptocurrency Mining: Causes and Analysis of the Current Situation in 2026
-
8
US Treasury Explores Entering $13 Trillion Repo Market, Potentially Reshaping Funding Dynamics
-
9
NYSE owner Intercontinental Exchange (ICE) to acquire MarketAxess for $6 billion, betting on rise of electronic bond trading
-
10
Trump on Iran: "We'll be hitting them"
Markets Today
Recommended Reading





