Jiuzi Holdings, Inc. (JZXN) announced a memorandum of understanding to increase its private placement financing to up to $1 billion, an 80‑fold jump from the $12 million placement disclosed on October 7 2025.
The new capital will be used to build secure custody infrastructure and innovative storage solutions for the company’s crypto‑asset business, aligning with Jiuzi’s strategic pivot from a struggling new‑energy‑vehicle charging provider to a crypto‑asset services operator.
Jiuzi’s legacy business has been in decline: FY 2024 revenue was $1.40 million with a net loss of $55.77 million, and revenue growth has fallen 51.3% over the past three years. The $1 billion raise provides the financial flexibility needed to pursue acquisitions and technology investments that can replace the low‑margin legacy revenue streams.
The announcement triggered a sharp market reaction, with the stock surging 74% in pre‑market trading and 75% in the morning session, reflecting investor enthusiasm for the large capital raise and the company’s pivot to a high‑growth sector.
CEO Tao Li said the “strong trust placed by investors validates our strategic vision and execution capabilities” and that the capital will give Jiuzi the flexibility to build custody infrastructure and pursue strategic acquisitions.
In September 2025, Jiuzi approved a crypto‑asset investment policy authorizing up to $1 billion in digital‑asset purchases and partnered with the SOLV Foundation for Bitcoin staking and BitFi. The new financing follows that policy and positions Jiuzi to capture growth in crypto services.
The $1 billion raise significantly strengthens Jiuzi’s balance sheet, reduces reliance on its legacy NEV business, and positions the company to compete in the rapidly expanding crypto‑asset services market. However, the company must execute on its infrastructure plans to realize the expected revenue upside in a volatile sector.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.