Jiuzi Holdings May Pursue Up to $1 Billion Crypto Treasury Focused on Bitcoin, Ethereum and BNB

  • Authorized allocation: up to $1,000,000,000 for BTC, ETH and BNB

  • Company reported $943,000 in cash and equivalents on Oct 31, 2024 and a fiscal year net loss of ~$55M.

  • Shares jumped 47% intraday to $2.38 then retraced; current trading near $1.46, and JZXN is down >99.9% over five years.

Jiuzi Holdings crypto treasury: firm authorizes up to $1B to acquire BTC, ETH and BNB despite $943,000 cash on hand—read SEC filing details and market reaction.

What is the Jiuzi Holdings crypto treasury plan?

Jiuzi Holdings crypto treasury is a board-authorized investment policy that permits the company to deploy up to $1 billion to acquire and hold Bitcoin (BTC), Ethereum (ETH) and BNB as part of its treasury management. The board also created a crypto risk asset committee and restricted custody to third parties.

How did markets react to the announcement?

Shares of JZXN surged intraday to $2.38, a roughly 47% increase from the prior close, before retracing to about $1.46 and ending the day down nearly 10%. Over the last five years JZXN has lost more than 99.9% in market value.

Key financial and market figures
Item Value
Authorized crypto allocation $1,000,000,000
Cash & cash equivalents (Oct 31, 2024) $943,000
Net income (loss) for fiscal year ~$55,000,000 loss
Intraday share high on announcement $2.38 (up ~47%)
Approximate trading price after retrace $1.46 (down ~10% on the day)

How will Jiuzi fund the $1 billion crypto investment?

There is no public indication in the company’s SEC filing or board statement of a specific funding pathway for the $1 billion authorization. Typical corporate approaches include using cash reserves, issuing convertible notes, PIPE (private investment in public equity), debt facilities, or asset sales. The filing shows limited cash on hand, so external financing would likely be required if purchases approach the authorized ceiling.

Why won’t Jiuzi take custody of crypto assets?

The company stated it will not self-custody crypto assets and has established a crypto risk asset committee to oversee the policy. Third-party custody is a standard institutional control to reduce operational and security risk while maintaining separation of duties.


Frequently Asked Questions

Is Jiuzi Holdings buying Bitcoin, Ethereum and BNB right away?

The board authorized up to $1 billion for BTC, ETH and BNB, but the SEC filing and company statements do not detail an immediate purchase schedule. Any purchases will be subject to the firm’s risk framework and board oversight.

How does the company justify crypto as a treasury asset?

Management described crypto assets as potential long-term stores of value to hedge macroeconomic uncertainty. The company emphasized a non-speculative, long-term orientation in its investment policy.

What financing options could the company use to fund purchases?

Common corporate paths include using cash reserves, convertible notes, PIPE placements, debt facilities or asset sales. Jiuzi’s SEC documents do not specify a chosen method at this time.

Key Takeaways

  • Board authorization: Up to $1B to acquire BTC, ETH and BNB under a formal investment policy.
  • Limited liquidity: Company reported only $943,000 in cash on Oct 31, 2024, and a ~$55M fiscal loss.
  • Governance controls: A crypto risk asset committee and third-party custody requirements aim to limit operational risk.

Conclusion

Jiuzi Holdings’ decision to authorize a $1 billion crypto treasury is a significant corporate pivot that mixes aggressive allocation intent with clear governance limits. The announcement, supported by an official SEC filing and company statements, triggered a volatile market response and raises practical funding questions. Investors should monitor subsequent SEC disclosures, board committee actions and any announced financing steps for clarity on execution and risk management.

Published: 2025-09-24 · Author: COINOTAG · Updated: 2025-09-24

BREAKING NEWS

Bitcoin Whale With 100% Win Rate Closes Long, Shorts 90.63 BTC at 40x Leverage (~$9.24M)

COINOTAG News, citing HyperInsight monitoring on November 8, reports...

Bitcoin Whale Opens 40x Leveraged Long on 20 BTC at $101,800 Entry Price (≈$2.04M)

COINOTAG News, citing HyperInsight on November 8, tracked a...

Bitcoin November Returns Dip to -6.55% Year-to-Date vs 12-Year Average of +42.49% (8 Gains, 4 Losses)

COINOTAG News, citing Coinglass data, shows that Bitcoin's November...

Bitcoin Key Support at $98,340; Lower Levels at $75,475 and $55,980, AliCharts Analysis Finds

COINOTAG News reports on November 8 that a respected...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img