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Jiuzi New Energy announced plans to acquire 10,000 bitcoins for $1 billion, with a market value of only $1.18 million

Mar 4, 2026 20:49:46

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According to Globenewswire, the US-listed Chinese company Jiuzhi New Energy (Nasdaq: JZXN) announced a $1 billion plan to acquire 10,000 bitcoins from strategic investors to strengthen its global cryptocurrency partnerships.

It is worth noting that Tradingview data shows the company's market capitalization is only $1.18 million.

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