Jiuzi Holdings shares surge 42.75% premarket after proposed $1B equity deal to acquire 10,000 Bitcoin.

Jiuzi Holdings surged 42.75% in premarket trading following the announcement of a proposed $1 billion equity deal to acquire 10,000 Bitcoin from a global digital asset investor. The transaction, described as a "transformative strategic agreement," aims to expand the company’s digital asset treasury, strengthen balance sheet flexibility, and deepen crypto partnerships. The premarket rally reflects market enthusiasm for the company’s aggressive expansion into the crypto sector and its potential to enhance shareholder value through disciplined treasury execution. The deal, subject to regulatory approval, underscores JZXN’s pivot toward digital asset finance and signals strong investor confidence in its long-term strategy.