Crypto Asset Treasury Management
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Strategic Investor Agrees to $80 Million Investment in the Company at $2.00 Per Share, Preliminary Participation in Management, Followed by Subsequent Crypto Contribution
Globenewswire· 2026-03-06 12:15
Core Insights - Jiuzi Holdings, Inc. has executed an investment agreement with a strategic investor in the crypto asset field, involving an initial subscription of 40 million shares at $2.00 per share, totaling $80 million [1][2] - The investment marks the beginning of a phased strategic cooperation, with plans for a subsequent actual Crypto contribution based on market conditions and regulatory requirements [2][9] Investment Details - The initial cash investment of $80 million will enhance the company's liquidity reserves and financial flexibility, laying the groundwork for future crypto contributions [5] - The strategic investor will participate in the management of Jiuzi, including a seat on the Board of Directors and involvement in the Crypto Asset Treasury Committee [4] Strategic Investor Background - The strategic investor has extensive experience in crypto treasury construction, risk management, and asset custody, having executed multiple treasury strategies at sovereign and corporate levels [3] Governance and Management Enhancements - The strategic investor's involvement is expected to improve decision-making professionalism in asset allocation, risk pricing, and compliance governance [6] - The partnership will also facilitate the upgrade of cross-chain asset management interfaces, enhancing the company's crypto asset infrastructure [7] Future Contributions and Expectations - A joint working group has been established to design the asset structure for the upcoming Crypto contribution, which may include Bitcoin, Ethereum, and stablecoins [10] - The anticipated completion of the second-phase Crypto contribution is expected to optimize the treasury's structure and risk exposure, creating long-term value for shareholders [11]