Categories: Business

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.

- Advertisement -

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.

- Advertisement -

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.”

- Advertisement -

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.

- Advertisement -

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

- Advertisement -
PRNW Agency

Recent Posts

Infineon successfully completes acquisition of Marvell’s Automotive Ethernet business

Acquisition boosts Infineon's position in software-defined vehicles and expands global leadership in automotive semiconductorsAdditional growth opportunities…

57 minutes ago

Sangfor Receives Frost & Sullivan’s 2025 APAC Company of the Year Recognition for Excellence in SASE

Sangfor's customer-first innovation and unified SASE architecture deliver real-world impact across APAC. SAN ANTONIO, Aug.…

3 hours ago

CCTV+: China Up Close: Zhejiang Tour Explores Deqing

BEIJING, Aug. 15, 2025 /PRNewswire/ -- From August 8 to 10, 2025, the "China Up Close…

3 hours ago

Clarivate Partners with the University of Melbourne to Transform Library Systems

Delivering World-class Solutions and Services to Drive Academic Success LONDON, Aug. 15, 2025 /PRNewswire/ --…

3 hours ago

O-RAN ALLIANCE Opens Call for Participation in its O-RAN Global PlugFest Fall 2025

Call for Participation for the O-RAN ALLIANCE Global PlugFest Fall 2025 is underwayThe PlugFest is…

3 hours ago

TraceLink Accelerates Supply Chain Transformation with New OPUS Platform Capabilities for an AI-Powered Future

BOSTON, Aug. 14, 2025 /PRNewswire/ -- TraceLink, the largest end-to-end digital network platform for intelligent…

4 hours ago