China’s Jiuzi Holdings Approves $1B Crypto Treasury Led by New COO

Jiuzi Holdings has made a radical move into the digital finance by releasing a new treasury ￰0￱ Wednesday, the company released an announcement about its approved Crypto Asset Investment Policy that would allow it to allocate up to $1 billion to select ￰1￱ appoints crypto expert COO to lead $1B treasury strategy The rollout of this ambitious plan follows the recent appointment of ￰2￱ Buerger as Chief Operating ￰3￱ company described him as a “crypto expert” with extensive experience in the ￰4￱ leadership role signals Jiuzi’s intention to strengthen its financial strategy through carefully managed exposure to digital ￰5￱ Tao Li welcomed the move, emphasizing its importance for long-term shareholder interests.

“Adopting the Crypto Asset Investment Policy represents a proactive step in our treasury management to safeguard and enhance long-term shareholder value,” he ￰6￱ sets strict crypto policy with BTC, ETH, BNB and oversight The company’s initial focus will remain on three major tokens: Bitcoin (BTC), Ethereum (ETH), and ￰7￱ confirmed that any future diversification into other cryptocurrencies will require approval by the Board’s Risk ￰8￱ approach reflects the firm’s cautious stance, ensuring that risk remains within manageable ￰9￱ company also made it clear that it will not self-custody the assets that it obtains under the ￰10￱ will rather be based on pre-existing external custodians that have the highest level of ￰11￱ decision implies that Jiuzi is devoted to transparency and that transparency is aimed at safeguarding investor ￰12￱ of the initiative will rest with a newly created Crypto Asset Risk ￰13￱ committee will operate under the leadership of CFO Huijie Gao and report regularly to the ￰14￱ governance framework has been designed to ensure accountability and professional risk management throughout the policy’s ￰15￱ strengthens balance sheet with $1B crypto treasury plan Jiuzi Holdings currently holds a market capitalization of about $89 million, according to InvestingPro ￰16￱ company maintains a strong balance sheet with more cash than debt.

However, its stock remains volatile, with a beta rating of 1.63, underscoring the market’s cautious view of small-cap firms venturing into ￰17￱ Dr. Buerger, the initiative represents a forward-looking move rather than a speculative gamble. “I am thrilled to lead this important treasury initiative supported by such a forward-thinking Board and management ￰18￱ are not engaging in short-term trading or speculation; rather, we view crypto assets as long-term stores of value to hedge against macroeconomic uncertainties,” he ￰19￱ this policy, Jiuzi is indicating its move into the list of publicly listed companies that is looking into the digital ￰20￱ a systematic management and within a modest base, the company will seek to strike a balance between the innovativeness and the safety of investors, as well as, position itself to capitalize on the future positivity amidst the changing financial environment.