Core Insights - Jiuzi Holdings, Inc. has successfully completed a cryptocurrency-denominated private placement transaction, settling the total consideration with 100 Bitcoin [1] - The funds raised will be allocated towards developing an intelligent digital asset custody platform and advanced encrypted storage systems, enhancing the company's infrastructure in the digital economy [2] - Following the announcement of the transaction, the company's stock price has shown a positive trend, indicating strong market interest in its innovative financing approach [3] Company Strategy - The CEO of Jiuzi Holdings emphasized the importance of balancing compliance and innovation in the implementation of the Bitcoin-denominated funds, which will focus on R&D in blockchain technologies [4] - The company is also advancing its "Smart Energy Cloud Platform" project, which aims to facilitate intelligent interactions between charging facilities and power grid systems using IoT technology [5] - Additionally, the proceeds from the private placement will support R&D testing for cross-border digital payment solutions, further broadening the company's business scope [5]