Jiuzi’s Crypto Gamble: 40% Surge or Just a Wild Ride? 🚀💰

by

In a bold move that would make even the most seasoned Wall Street wizard blink, Jiuzi Holdings (NASDAQ: JZXN) has decided to throw caution to the wind – and their cash reserves into the crypto abyss. 🤯💸

According to their press release, the board of directors (who clearly haven’t met a risk they don’t like) has greenlit a $1B “investment” in Bitcoin and other digital “assets.” Cue the sound of wallets crying. 📉😭

The newly appointed COO, Dr. Doug Buerger, claims he’s not here to “speculate” but to “hedge against macroeconomic uncertainties.” Because nothing says “long-term value” like putting your money in a cryptocurrency that’s more volatile than a toddler on a sugar rush. 🍬💥

Meanwhile, the Crypto Asset Risk Committee (a title so dramatic it belongs in a Bond movie) will oversee this “strategy.” Let’s just hope their risk management skills are better than their fashion choices. 👀🕶️

JUST IN: 🇨🇳 Chinese publically traded Jiuzi Holdings approves up to $1 billion investment in #Bitcoin and crypto.

Nothing stops this train 🚀

– Bitcoin Magazine (@BitcoinMagazine) September 24, 2025

After the announcement, Jiuzi’s stock (JZXN) jumped 40% in premarket trading – only to crash like a champagne bottle at a vegan party. 🥂💥 Still, it’s up 12% from the previous day. Because nothing says “stability” like a rollercoaster. 🎢

For context, Jiuzi mainly runs EV charging stations in China’s smaller cities. Now, they’re betting their future on crypto. Because who needs reliable income when you can chase digital dreams? 🌌⚡

Read More

2025-09-25 00:46