Tuesday, 8 Jul 2025
  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Subscribe
Life Care News
  • Home
  • Business
    • Business Wire
    • Globenews Wire
  • News
    NewsShow More
    SEMI and Linx Consulting Unveil Wafer Fab Materials Quarterly Report
    SEMI and Linx Consulting Unveil Wafer Fab Materials Quarterly Report
    07/07/2025
    Runwal Raaya Hosts an Immersive Evening with Tao Art Gallery
    Runwal Raaya Hosts an Immersive Evening with Tao Art Gallery
    07/07/2025
    13th World Peace Forum held in Beijing, calls for shared responsibility in global peace
    13th World Peace Forum held in Beijing, calls for shared responsibility in global peace
    06/07/2025
    OMAN INVESTMENT AUTHORITY REPORTS USD 4.1 BILLION PROFIT FOR 2024, RANKS AMONG TOP 10 GLOBAL SOVEREIGN FUNDS
    OMAN INVESTMENT AUTHORITY REPORTS USD 4.1 BILLION PROFIT FOR 2024, RANKS AMONG TOP 10 GLOBAL SOVEREIGN FUNDS
    06/07/2025
    JZXN Raises Funds through Convertible Notes to Acquire Bitcoin, Initiating a Strategic Layout of Thousands of Bitcoins
    BPCL’s Premium Petrol Speed Fuels Neeraj Chopra Classic 2025
    05/07/2025
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
  • 🔥
  • june
  • global
  • Business
  • news
  • today
  • announced
  • Tech
  • company
  • will
  • globe
Font ResizerAa
Life Care NewsLife Care News
  • Home
  • Business
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Search
  • Home
  • Business
    • Business Wire
    • Globenews Wire
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Business

JZXN Raises Funds through Convertible Notes to Acquire Bitcoin, Initiating a Strategic Layout of Thousands of Bitcoins

PRNW Agency
Last updated: 14/06/2025 5:52 PM
PRNW Agency
Share
3 Min Read
JZXN Raises Funds through Convertible Notes to Acquire Bitcoin, Initiating a Strategic Layout of Thousands of Bitcoins
SHARE
JZXN Raises Funds through Convertible Notes to Acquire Bitcoin, Initiating a Strategic Layout of Thousands of Bitcoins

HANGZHOU, China, June 11, 2025 /PRNewswire/ — JZXN Holdings, Inc. (NASDAQ: JZXN; the “Company”) announced that its board of directors has approved the issuance of convertible notes for fundraising. The funds will be exclusively used for Bitcoin strategic reserves, and upon receipt, 23.5 Bitcoins will be purchased as the initiation of the “Thousand Coins Plan” announced on May 22, 2025. The investors and investment conditions have been finalized, with the acquisition set to be completed shortly. This move signifies JZXN’s U.S. subsidiary’s entry into digital assets, demonstrating its confidence in Bitcoin’s long-term value.

Per the Board resolution, JZXN will execute Bitcoin asset allocation progressively, with this initial acquisition constituting a core component of its thousand-Bitcoin strategy. The company emphasized Bitcoin’s role as a flagship blockchain technology, noting its decentralized architecture, transparency, and security provide innovative options for asset diversification. By incorporating Bitcoin, JZXN aims to optimize its asset portfolio, enhance risk resilience, and capitalize on opportunities within the digital economy.

The convertible note offering represents a strategic decision aligned with current market dynamics and corporate objectives. JZXN will strictly comply with relevant laws, regulations, and supervisory requirements to ensure legitimate deployment of raised capital. While acknowledging Bitcoin’s substantial investment potential, the company concurrently committed to maintaining prudent investment discipline to safeguard capital.

Li Tao, CEO of JZXN, stated: “We fully recognize the volatility and uncertainty of the Bitcoin market. However, it is precisely based on our in-depth understanding of blockchain technology and long-term confidence in its potential that we have decided to take this step. Through this acquisition, we will further diversify the company’s asset structure and enhance its risk resilience and profitability. Simultaneously, we will continue to monitor and explore applications of blockchain technology in other fields, aiming to generate new value for the company.”

This initiative underscores JZXN’s expansion into digital asset investments. The firm positions Bitcoin not only as a foundational element of the digital asset ecosystem but also as a potential global strategic reserve asset. JZXN reaffirmed its dedication to generating sustainable long-term value for shareholders and investors through continuous strategic investments and technological innovation.

For more information, please contact:
Iris 
iris@jzxn.com 

View original content:https://www.prnewswire.co.uk/news-releases/jzxn-raises-funds-through-convertible-notes-to-acquire-bitcoin-initiating-a-strategic-layout-of-thousands-of-bitcoins-302478973.html

JT Global to join Aduna to advance secure CPaaS solutions with Network APIs
Nomad Internet Launches First-Ever Nationwide Free Internet Service for RV Parks
Enzon and Viskase Enter into Merger Agreement
Azentio appoints Harikrishnan Venkataramanan as President – ERP to spearhead next phase of innovation and growth
Press Release: Sanofi to acquire Blueprint Medicines, expanding portfolio in rare immunological disease and adding early-stage pipeline in immunology
TAGGED:acquisitionannouncedapprovedassetbitcoinbitcoinsboardcapitalchinacompanyconvertibledigitaldirectorsexclusivelyfundraisingfundshangzhouholdingsincinvestmentissuancejunejzxnnasdaqnotesreservesstrategicusedwill
Share This Article
Facebook Copy Link Print
- Advertisement -

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
PinterestPin
InstagramFollow
YoutubeSubscribe
LinkedInFollow
MediumFollow

Most Selling Products

Top Picks, Trending Now – Discover the Best Sellers!
Tecno Camon 20 Premier 5G

Tecno Camon 20 Premier 5G

Dark Welkin | 8GB RAM + 512GB Storage (Expandable RAM up to 16GB) | Industry’s 1st 50MP RGBW-Pro Camera | Segment-First 108MP Ultra-Wide Macro Lens | 6.67" 120Hz 10-bit AMOLED In-Display

iQOO Z10 Lite 5G

iQOO Z10 Lite 5G

Titanium Blue | 6GB RAM + 128GB Storage | Dimensity 6300 5G with 433K+ AnTuTu Score | Robust 6000mAh Battery | IP64 Rated + Military-Grade Shock Resistance

OnePlus 13s

OnePlus 13s

Black Velvet | 12GB RAM + 256GB Storage | Flagship Snapdragon® 8 Elite Chipset | Exceptional Battery Life in a Compact Form | Lifetime Display Warranty Included

Samsung Galaxy A55 5G

Samsung Galaxy A55 5G

Awesome Iceblue | 8GB RAM + 256GB Storage | Premium Metal Frame | 50MP OIS Main Camera with Nightography | IP67 Water & Dust Resistance | Gorilla Glass Victus+ | sAMOLED Display with Vision Booster

You Might Also Like

ARKS forays into the world of fragrances with the launch of its debut scent ‘ARKS Day’
Travel

ARKS forays into the world of fragrances with the launch of its debut scent ‘ARKS Day’

09/06/2025
Mapmygenome cements global leadership in Genomics with strategic acquisition of Canada’s Microbiome Insights
Health

Mapmygenome cements global leadership in Genomics with strategic acquisition of Canada’s Microbiome Insights

31/05/2025
Sussex man to paddleboard across English Channel in daughters memory in huge charity challenge
Sports

Sussex man to paddleboard across English Channel in daughters memory in huge charity challenge

03/07/2025
Seegene Launches STAgora, a New Platform for Infectious Disease Analytics
Health

Seegene Launches STAgora, a New Platform for Infectious Disease Analytics

02/07/2025
Life Care News
Facebook Twitter Youtube Rss Medium

Life Care News:


We increase the awareness of millions of users through our news networks. We are one of the most trusted news networks in the world.

Top Categories
  • Home
  • Business
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Usefull Links
  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Copyright © 2015 – 2025 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Life Care NewsLife Care News
Copyright © 2015 - 2025 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?