Chijet Motor shares rise 14.17% premarket after digital asset treasury hits $400 million.

Wednesday, Nov 26, 2025 7:40 am ET1min read
Chijet Motor (NASDAQ: CJET) surged 14.17% in premarket trading following its announcement that digital asset treasury holdings have surpassed $400 million in value. The company disclosed acquiring 100 million tokens under a strategic digital asset initiative, positioning the milestone as a key step in diversifying its treasury and participating in blockchain ecosystem growth. CEO Melissa Chen emphasized the move aligns with long-term shareholder value creation through disciplined capital allocation. The news, first reported on November 26, 2025, underscores Chijet’s pivot toward digital assets as a complement to its automotive core, likely driving investor optimism about expanded revenue streams and risk mitigation.

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