Jiuzi Board Greenlights $1B Bitcoin, Ethereum, BNB Purchase

BTC1,66%
ETH2,36%
BNB-1,28%

On September 24, 2025, a press release from Jiuzi Holdings listed on NASDAQ said its Board of Directors has formally approved the buying of cryptocurrencies with Bitcoin and a few others

Following this development, the company can now use a portion of its cash reserves to accumulate crypto within a prudent risk management framework

It is worth noting that the company is allocating up to $1billion of its cash reserves to be used for this initiative.

CEO Tao Li said adopting the crypto asset investment policy represents a proactive step in our long-term shareholder value. Dr. Doug Buerger, leading this program, is a renowned crypto expert with a keen knowledge and expertise in blockchain and digital assets.

BTC, ETH, and BNB remain the top preference

The press release further notes that initially the plan is to invest in Bitcoin, Ethereum, and BNB, yet the expansion into other assets might occur in the future after the reassessment by the Board’s assessment committee

Juizi Holding has established a Crypto Assets Risk Committee under the leadership of Huijie Gao, the CFO

Over the last few quarters, the buying of crypto as a primary treasury reserve asset has peaked, and now dozens of companies are opting to replace traditional investment vehicles with crypto

It is important to note that Bitcoin was one of the cryptocurrencies to get a place in the corporate portfolio, followed by Ethereum and BNB

Strategy (earlier MicroStrategy) is one of the biggest publicly listed companies holding the most Bitcoin, followed by Mara Holding and Metaplanet of Japan, which owns more than 25,000 BTC.

Bitmine Immersion holds 1,713,899 ETH, making it the top publicly listed company, followed by SharpLink Gaming, which held 797,704 Ether, and The Ether Machine had 345,362 Ethereum.

CEA Industries owns 388,888 BNB, followed by Nano Labs, which had 128,000 BNB; the massive acquisition of Binance token has been triggered by its unstoppable prices and institutional appreciation.

A quick price update of Bitcoin, Ethereum, and BNB

According to CoinMarketCap, Bitcoin lost nearly 1.00% of its price and is now trading at $111,775, and the market capitalization is $2.22 trillion, with a loss of 0.80% and trading volume $50.73 billion.

Ethereum is now priced at $4,013 with a loss of 3.86% in the past 24 hours, the market cap fell by nearly 4% reaching $483 billion, and the trading volume is $41.25 billion.

BNB is now trading below $1000 at $993.66 with an intraday decline of 2.05% at the same time, the market capitalization is $138.39 billion with a loss of 2.04% and trading volume fell by 12% reaching $3.58 billion.

Execution-first marketing. Own every Web3 feed with Koinpr.com.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Whale Sends $20M in BTC to Binance, Hinting at Possible Sale

A bitcoin whale transferred 300 BTC worth over $20 million to Binance, prompting speculation about a potential sale. Despite this move, the wallet still holds 200 BTC, currently valued around $13.8 million, suggesting the owner may face losses.

CryptoNewsFlash1h ago

Global Markets Shift as Oil Jumps and Bitcoin Holds Ground

Global markets moved unevenly as geopolitical tensions intensified and energy prices climbed sharply. Oil prices surged above key levels while Bitcoin maintained stability despite pressure. Meanwhile, equities fluctuated as traders reacted to escalating rhetoric and uncertain diplomatic outcomes. O

CryptoBreaking1h ago

Solo Bitcoin Miner Hits $210K Block Reward in Rare CKpool Win

A solo Bitcoin miner using CKpool secured a rare success, solving a block and earning 3.139 BTC worth about $210,000, despite running a modest setup of 230 TH/s, which has a 1-in-28,000 chance of success daily.

CryptoNewsFlash4h ago
Comment
0/400
No comments