According to Foresight News, the board of directors of Chinese automobile dealer Jiuzixin New Energy (NASDAQ: JZXN) has approved a Bitcoin reserve plan, intending to purchase 1,000 bitcoins within the next year through a combination of stock issuance and cash. The company stated that this move aims to optimize asset structure and achieve risk hedging by utilizing Bitcoin's market liquidity and appreciation potential. According to the announcement, the acquisition funds will come from a timely stock issuance, combined with its own funds and potential external financing.
Listed car dealer Jiuzi New Energy plans to purchase 1,000 Bitcoins in the next year
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share


