NASDAQ-listed Jiuzi Holdings has announced that it has entered into and signed an investment agreement with a strategic investment institution, which will subscribe for 40,000,000 shares of its common stock at a price of $2.00 per share, totaling an investment of $80,000,000.00.
The first phase of the investment fund has now been delivered, and the new fund will be used to increase cash reserves to assist in creating a crypto asset treasury, asset allocation strategies, etc.
The treasury is expected to hold various types of cryptocurrencies such as Bitcoin, Ethereum, and stablecoins. $BTC $ETH $XRP
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