Bitcoin News: Nasdaq EV Firm Jiuzi Targets $1B BTC Acquisition

Key Insights:

• Latest Bitcoin news showed that Jiuzi targets a massive 10,000 BTC acquisition in a $1B equity-for-Bitcoin deal with a crypto whale.
• The announcement sent Jiuzi stock soaring 78% as investors reacted to its bold Bitcoin treasury strategy.
• If completed, the deal would place Jiuzi among the top 15 public companies holding Bitcoin.

Bitcoin on institutional treasuries is back in the news headlines after Chinese EV maker Jiuzi reveals a plan to slide onto the crypto highway. The NASDAQ-listed firm is reportedly planning to add 10,000 BTC to its balance sheet.

Jiuzi Holdings (NASDAQ: JZXN) has inked a deal with a digital asset whale that will hand over 10,000 BTC in exchange for Jiuzi equity. No cash will change hands in this deal, just shares for satoshis

This move has positioned Jiuzi among the latest corps to treat Bitcoin like a treasury fortress, betting big on its long-term pump.

Bitcoin News: Top Corporate BTC Holders | Source: Bitcointreasuries

If the deal goes through, it will propel Jiuzi to rank 13 among the top public companies holding the most Bitcoin. Jiuzi will overtake popular companies like Trump Media & Technology Group Corp, Galaxy Digital Holdings Ltd., and even GameStop Corp, per BitcoinTreasuries.net.

Bitcoin News: Jiuzi Stock Price Soars After BTC Acquisition

Right after the Bitcoin news was announced on Wednesday, Jiuzi’s stock price jumped 78% from $0.8 to $1.43. The stock has been consolidated between $1.18 and $1.5 since then.

Jiuzi (JZXN) Price Chart | Source: Google Finance

It closed at $1.31 on March 5, down 17.61% from the peak frenzy.  Jiuzi’s stock price has mostly traded sideways in the penny territory, and its market cap has been hovering near $1 million.

However, with the recent jump, Jiuzi’s valuation has shot up to $1.82 million. The chart shows a bull flag forming, suggesting the price of the stock may reach for higher highs when the market opens.

Bitcoin (BTC) has injected life as retail and institutions sniff opportunity. If the company closes this deal with the strategic investor, share prices are expected to skyrocket.

Additionally, the stock price will likely continue rallying if BTC price keeps pumping above $70,000. This is because exposure to the crypto after Jiuzi has acquired the 10,000 BTC will boost its bottom line.

Jiuzi’s plan moving forward includes building out a Bitcoin reserve. This echoes earlier moves like their $300 million private placement expansions and SOLV partnerships for yields.

This move has shifted Jiuzi from pure EV sales to a DAT (digital asset treasury) powerhouse. Multiple crypto funds have already injected $60 million in prior rounds, accepting BTC payments. This means Jiuzi is all-in on the orange pill.

It’s a smart hedge against EV market slumps, with the Bitcoin reserve acting as the ultimate volatility shield.

Market Impact and Future Outlook

This Bitcoin acquisition news has ripple effects for both Jiuzi and the EV sector. It blends green wheels with digital gold, potentially attracting more capital to Nasdaq firms like Jiuzi.

In crypto, it is proof that corporations are stacking Bitcoin reserves en masse, normalizing it as a balance sheet staple. Analysts note it is one of the biggest 2026 plays, aligning with ETF inflows and BTC price topping $71,000.

Nevertheless, risks are always part of the equation. China has one of the toughest regulatory scrutinies, and given its long-term position as a Bitcoin critic, it may pose problems for the EV manufacturer.

Additionally, BTC’s wild swings could discourage more traditional companies from adding it to their balance sheets. Jiuzi has navigated Nasdaq compliance with reverse splits and capital hikes, but sustaining the momentum is the real test.

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