Jiuzi Holdings’ $1b treasury plan centers on BTC, ETH, BNB

News Snapshot:

Jiuzi Holdings is planning to deploy a billion-dollar corporate treasury mandate into a trio of digital assets, a move guided by new COO Dr. Doug Buerger that positions crypto as a core strategic reserve. In an announcement on Sept. 24, the Nasdaq-listed EV charging company revealed its board has formally adopted a Crypto Asset Investment Policy. This framework authorizes an allocation of up to $1 billion from its cash reserves into Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). The decision, which establishes a dedicated risk committee overseen by CFO Huijie Gao, comes directly on the heels of the appointment...