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)
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