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

BTC2,47%
ETH4,23%
BNB3,68%

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

No, Bitcoin Is Not Forming 'Cup and Handle' Pattern to $500,000, Says Peter Brandt - U.Today

Peter Brandt, a veteran market analyst, strongly criticizes the prediction of Bitcoin reaching $500,000, arguing it misinterprets the "cup and handle" pattern. He emphasizes the necessity of proper technical analysis and warns against unwarranted optimism based on flawed interpretations.

UToday8m ago

Grayscale transfers 211 BTC and 3844 ETH to a certain CEX address

Gate News Report, March 9 — According to Arkham monitoring, two hours ago, Grayscale transferred approximately 3,844 ETH (about $7.79 million) and 211 BTC (about $14.6 million) to a certain CEX address.

GateNews8m ago

Today, the US Bitcoin ETF experienced a net outflow of 5,409 BTC, while the Ethereum ETF experienced a net outflow of 36,599 ETH.

Gate News Report, March 9th, according to Lookonchain monitoring, today the US Bitcoin ETF experienced a net outflow of 5409 BTC, Ethereum ETF had a net outflow of 36599 ETH, and Solana ETF saw a net outflow of 68933 SOL.

GateNews9m ago

Bhutan government address transferred out 175 BTC 2 hours ago, worth $11 million

The Bhutanese government recently transferred out 175 Bitcoins, worth approximately $11 million, indicating regular sales of its Bitcoin holdings. Over the past month, the government has sold $7 million worth of Bitcoin through QCP Capital, and it will face a particularly intense selling period in late September 2025.

GateNews12m ago

ETF Weekly: Bitcoin ETFs Add $568 Million Despite Late Outflow Streak

Crypto exchange-traded funds (ETFs) delivered a mixed but largely positive performance during the week of March 2–6. Bitcoin, ether, and solana funds finished with net inflows, while XRP ETFs ended the week slightly in the red. Bitcoin, Ether ETFs Post Weekly Gains as XRP Slips Institutional

Coinpedia31m ago

In the past 24 hours, the entire network has been liquidated by $395 million, with BTC liquidations totaling $152.5 million.

In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $395 million, with $206 million in long positions and $188 million in short positions liquidated. BTC and ETH were liquidated for $152.5 million and $76.97 million respectively, with a total of 93,639 people liquidated. The largest single liquidation occurred on Hyperliquid's BTC-USD trading pair, valued at $6.88 million.

GateNews35m ago
Comment
0/400
No comments