$1 Billion Coming to Bitcoin and Crypto as Jiuzi Holdings Approves New Treasury Policy
Bitcoin Magazine $1 Billion Coming to Bitcoin and Crypto as Jiuzi Holdings Approves New Treasury Policy Jiuzi Holdings has approved a $1 billion crypto investment policy, greenlighting deployment of cash reserves into digital assets like Bitcoin. This post $1 Billion Coming to Bitcoin and Crypto as Jiuzi Holdings Approves New Treasury Policy first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin Magazine
$1 Billion Coming to Bitcoin and Crypto as Jiuzi Holdings Approves New Treasury Policy
Jiuzi Holdings is moving into the crypto space with a massive $1 billion investment policy.
The company announced Wednesday that its board has formally approved a ‘Crypto Asset Investment Policy,’ authorizing up to $1 billion of cash reserves to be deployed into cryptocurrencies under a structured risk framework.
The company said the new policy comes with strict guardrails. The board has capped potential purchases at $1 billion and, at least initially, will limit allocations to Bitcoin and other crypto.
Any expansion into other digital assets would require additional board approval. The company also stressed it will not self-custody its holdings, instead relying on third-party providers it deems top tier in security.
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