Odaily Planet Daily reports that NASDAQ-listed company Jiuzi Holdings (九紫新能) announced that it has reached a strategic agreement. A strategic investor will transfer 10,000 Bitcoins (BTC) to the company in exchange for approximately $1 billion worth of equity. The two parties will also establish a strategic partnership to strengthen cooperation within the global cryptocurrency ecosystem, including digital asset fund management optimization, cross-border cryptocurrency settlement capabilities, liquidity management collaboration, and strategic coordination at the ecosystem level. The related transaction will be disclosed in accordance with the reporting requirements of the U.S. Securities and Exchange Commission (SEC). (Globenewswire)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Approaches Key Breakthrough Level: ETF Attracts Over $1.3 Billion in Two Weeks, BTC May Surge to $86,000
Bitcoin price has retaken the $70,000 level, rising approximately 4.2% in the past 24 hours driven by institutional capital inflows. Technically, a bullish ascending parallel channel has formed, with resistance at $73,226. Once broken, the price could further rise, targeting $86,500. If a pullback causes a break below $67,674, the short-term bullish trend may change.
GateNews8m ago
Bitcoin has mined the 20 millionth coin! The last 1 million coins will take a century to mine. What will happen when all are mined?
Bitcoin recently mined its 20 millionth coin, symbolizing that 95% of the supply is now in circulation. The remaining 1 million coins will take 114 years to mine. As the halving mechanism operates, miners will rely solely on transaction fees to maintain their income, making network security a key challenge. Additionally, the actual circulating Bitcoin will become even scarcer due to loss and other reasons. Bitcoin's supply mechanism offers greater transparency and predictability compared to traditional financial systems.
ChainNewsAbmedia9m ago
Bhutan sells $42.5 million worth of Bitcoin in 2026: National reserves shrink by 58% from peak, major adjustments in government mining strategy
The Bhutanese government recently transferred 175 Bitcoins, indicating a continued reduction in Bitcoin reserves, with nearly $42.5 million in funds flowing out. Despite the decline in Bitcoin prices, its assets mainly come from low-cost hydropower mining, and the transactions may be related to the country's fiscal management.
GateNews11m ago
Strategy Buys 17,994 BTC for $1.28B, Bitcoin Holdings Reach 738,731
Strategy purchased 17,994 BTC and raised its Bitcoin holdings to 738,731 BTC, according to the SEC filing.
Strategy now holds about 3.7% of Bitcoin supply after buying nearly five weeks of newly mined BTC.
Strategy funded the latest Bitcoin purchase through sales of MSTR and STRC
CryptoNewsLand36m ago
A certain whale sold 75 BTC in the past 20 hours and bought 2.067 billion PUMP from Wintermute.
Gate News Report, March 10 — According to Onchain Lens monitoring, a certain whale (address 24BLF...LChr) sold 75 BTC worth $5.08 million in the past 20 hours and bought 2.067 billion PUMP tokens from market maker Wintermute, valued at $4.04 million.
GateNews1h ago
