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Jiuzhi New Energy announces plans to acquire 10,000 Bitcoins for $1 billion, with a market value of only $1.18 million
Deep Tide TechFlow News, on March 4th, according to Globenewswire, the Chinese company listed on the U.S. stock market, Jiuzhi New Energy (Nasdaq: JZXN), announced a $1 billion plan to acquire 10,000 Bitcoins from strategic investors to strengthen its global cryptocurrency partnerships.
Notably, Tradingview data shows that the company’s market capitalization is only $1.18 million.