Jiuzi Holdings Board Approves the Initiation of a Crypto Investment Strategy, which will invest up to US$1 billion in BTC, ETH and BNB, etc.

According to Foresight News, Jiuzi Holdings (Nasdaq: JZXN), a provider of smart charging infrastructure in China, announced that the board of directors has approved the launch of a crypto asset investment strategy to allocate part of the company's cash reserves to certain crypto assets. The board of directors authorizes the company to invest up to $1 billion in crypto assets while considering risk management. The initial investment scope is limited to BTC, ETH and BNB. The investment allocation of other assets must be re-evaluated and approved by the Board of Directors' Risk Committee.
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