Jiuzi Holdings, Inc., a Chinese company that provides infrastructure for new energy vehicles, today revealed a new investment policy for cryptocurrencies. The company’s Board of Directors formally approved and adopted a Crypto Asset Investment Policy, authorizing the allocation of up to $1 billion of its cash reserves. Its initial focus will be on Bitcoin, Ethereum, and BNB.
Despite the crypto adoption news, Jiuzi’s stock, JZXN, saw a 26% price drop. According to data from Google Finance, JZXN sold for $1.21 at the time of writing. This suggested that investors were unhappy with the company’s move.
Features of the Investment Policy
The policy outlines a clear investment mandate with a cap of $1 billion for purchasing crypto assets, ensuring controlled exposure to risk. Initially, investments will be limited to Bitcoin (BTC), Ethereum (ETH), and Binance’s BNB coin, with any future expansion requiring the approval of the board. The company will not self-custody acquired crypto assets; instead, it will rely on third-party providers for top-tier security.
The company has also formed a dedicated Crypto Asset Risk Committee, led by CFO Huijie Gao, which will oversee policy implementation and report regularly to the board. This strategic initiative follows the recent appointment of renowned crypto expert Dr. Doug Buerger as Chief Operating Officer (COO).
Dr. Buerger emphasized that Jiuzi’s approach isn’t about short-term speculation; instead, it’s a strategy to utilize cryptocurrencies as long-term stores of value to hedge against macroeconomic uncertainties. CEO Tao Li expressed enthusiasm about the initiative, highlighting the importance of having a knowledgeable leader like Dr. Buerger at the helm to navigate these investments.
A Familiar Investment Route
The company plans to maintain transparency with its stakeholders, ensuring the timely disclosure of relevant information through Form 6-K filings with the SEC. Following the development, Jiuzi Holdings’ stock surged 40%, with a current price of $2.01 and a market capitalization of $86.44 million, according to Finnhub, indicating strong market demand.
Meanwhile, Jiuzi Holdings’ investment move is similar to those of other notable companies in Asia. For example, Sora Ventures started Asia’s first $1 billion Bitcoin treasury fund earlier this month. The company plans to invest $1 billion in Bitcoin over the next six months and has already raised $200 million from local investors to support its use of Bitcoin. Although China’s rules on crypto trading are strict, Jiuzi’s aim to diversify its treasury might encourage other Asian companies to do the same.
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Mishael Nwani | March 10, 2026
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