Jiuzi Holdings Inc. has announced a planned acquisition of 10,000 Bitcoin from a strategic investor, valued at approximately $1 billion. This strategic partnership is aimed at significantly enhancing Jiuzi Holdings' digital asset reserves and positioning in the cryptocurrency market.
Company Information
Company
Jiuzi Holdings
Location
Hangzhou, Zhejiang, China
About
Jiuzi Holdings, Inc. is an emerging new energy vehicle (NEV) dealership group operating under the brand name 'Jiuzi' in China. Established in 2017, it franchises and operates retail stores to sell NEVs in third and fourth-tier cities in China, mainly selling battery-operated electric vehicles and sourcing NEVs through more than twenty NEV manufacturers. It currently has 51 operating franchise stores and one company-owned store.
Predictive Intelligence
Strategic
ML-powered predictions for Jiuzi Holdings's next move