JZXN Holdings Acquires 23.5 Bitcoins for Strategic Reserves

Generated by AI AgentCoin World
Wednesday, Jun 11, 2025 9:10 am ET1min read
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JZXN Holdings, Inc. has announced a significant strategic move into the digital assetDAAQ-- space by issuing convertible notes to raise funds specifically for the acquisition of Bitcoin. The company's board of directors has approved this issuance, with the funds designated exclusively for Bitcoin strategic reserves. This initiative is part of JZXN's "Thousand Coins Plan," which was unveiled on May 22, 2025. The company has finalized the investors and investment conditions, and the acquisition of 23.5 Bitcoins is expected to be completed shortly. This move marks the entry of JZXN's U.S. subsidiary into the digital asset market, reflecting the company's confidence in Bitcoin's long-term value.

JZXN plans to execute Bitcoin asset allocation progressively, with this initial acquisition serving as a core component of its thousand-Bitcoin strategy. The company highlights Bitcoin's role as a flagship blockchain technology, noting its decentralized architecture, transparency, and security, which provide innovative options for asset diversification. By incorporating Bitcoin, JZXNJZXN-- aims to optimize its asset portfolio, enhance risk resilience, and capitalize on opportunities within the digital economy.

The convertible note offering is a strategic decision aligned with current market dynamics and corporate objectives. JZXN will strictly comply with relevant laws, regulations, and supervisory requirements to ensure the legitimate deployment of raised capital. While acknowledging Bitcoin's substantial investment potential, the company is committed to maintaining prudent investment discipline to safeguard capital.

Li Tao, CEO of JZXN, stated, "We fully recognize the volatility and uncertainty of the Bitcoin market. However, it is precisely based on our in-depth understanding of blockchain technology and long-term confidence in its potential that we have decided to take this step. Through this acquisition, we will further diversify the company's asset structure and enhance its risk resilience and profitability. Simultaneously, we will continue to monitor and explore applications of blockchain technology in other fields, aiming to generate new value for the company."

This initiative underscores JZXN's expansion into digital asset investments. The firm positions Bitcoin not only as a foundational element of the digital asset ecosystem but also as a potential global strategic reserve asset. JZXN reaffirmed its dedication to generating sustainable long-term value for shareholders and investors through continuous strategic investments and technological innovation.

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