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HANGZHOU, China, October 13, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN, hereinafter referred to as the “Company”) today explained the progress of its cryptocurrency-denominated private placement transaction. The total consideration for this transaction was settled using 100 Bitcoin.
This equity transaction pioneers a new paradigm that combines traditional equity financing with digital assets, fully demonstrating the market recognition of JZXN’s strategic design in the cryptocurrency sector. The funds raised will be allocated exclusively to two strategic directions: the construction of an intelligent digital asset custody platform and the development of encrypted storage systems based on cutting-edge technology. These initiatives aim to strengthen the Company’s infrastructure services capabilities in the era of the digital economy.
Since disclosure of the transaction framework, market response has been positive, with the Company’s share price showing a steady upward trend and maintaining a sustained premium over its closing price prior to the announcement. This trend not only reflects investor support for the innovative transaction structure, but also highlights the strong interest of capital markets in emerging digital financial instruments.
“From the signing of the agreement on October 7 to its current implementation phase, we have consistently prioritized the balance between compliance and innovation,” said Tao Li, CEO of JZXN. “These Bitcoin-denominated funds will be primarily invested in R&D for underlying blockchain technologies, particularly in key areas such as secure multi-party computing and zero-knowledge proofs, laying the foundation for building next-generation digital financial services platforms.”
About JZXN
As a leading domestic provider of new energy infrastructure services, Jiuzi Holdings specializes in the development of charging networks in third and fourth tier cities. Its high-power DC fast charging stations, integrated with energy storage systems, have achieved significant large-scale operational advantages. At the same time, the company is advancing its “Smart Energy Cloud Platform” project, which plans to enable intelligent interaction between charging facilities and power grid systems through Internet of Things (IoT) technology. Leveraging the proceeds from this private placement, it will also initiate R&D trials for cross-border digital payment solutions, further expanding its business horizons. For more information, visit jzxn.com.
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