Jiuzi Holdings Launches Bold $1B Crypto Strategy

Facing a tense economic context and persistently high rates, some companies are revising their cash management strategies. The latest is the Chinese company Jiuzi Holdings. Listed on Nasdaq but little known to the general public, the Chinese company has just authorized an investment of up to 1 billion dollars in cryptocurrencies. This is an unexpected shift for an actor outside Web3, who is now betting on Bitcoin.