Jiuzi Holdings to Acquire $1 Billion in Bitcoin via Equity Swap

Key Facts

1Nasdaq-listed Jiuzi Holdings plans to acquire nearly $1 billion worth of Bitcoin.

2The company intends to acquire 10,000 BTC through an equity swap with a major digital asset investor.

3Jiuzi is a Chinese electric vehicle company, signaling expanding corporate adoption of digital assets.

Jiuzi Holdings, a Nasdaq-listed Chinese electric vehicle manufacturer, has announced an ambitious plan to acquire approximately $1 billion worth of Bitcoin. The company intends to add 10,000 BTC to its corporate treasury through an equity swap agreement with a major digital asset investor. This strategic move marks a significant expansion of corporate Bitcoin adoption within the EV industry and the broader manufacturing sector. Unlike traditional open-market purchases, the use of an equity swap allows the firm to integrate digital reserves without immediate large-scale cash outflows. Analysts view this development as a bullish signal for Bitcoin's institutional legitimacy, although the swap structure may limit direct upward price pressure on the spot market. The initiative reflects a growing trend of international firms diversifying their balance sheets with digital assets as strategic reserves.