Chinese electric vehicle company Jiuzi Holdings has signed a $1 billion deal to acquire 10,000 BTC through an equity arrangement. This move aligns with a growing trend among Chinese public companies to incorporate Bitcoin into their corporate treasuries, despite facing regulatory challenges. Additionally, as the EV sector diversifies, retailers are increasingly exploring cryptocurrency assets to navigate the evolving market landscape.
Jiuzi Holdings signs $1B equity deal to acquire 10,000 BTC
