JZXN Holdings, Inc. (Nasdaq: JZXN), a company offered in China that offers energy batteries and EV, has announced that the Board of Directors has approved a plan to attract capital by issuing convertible banknotes. The funds will be used to acquire 23.5 bitcoins as part of the previously announced “Thousand Coins Plan” of the company, which was introduced on 22 May 2025. The purchase will be made by the American subsidiary of JZXN and marks the company’s access to digital assets.
The company confirmed that investor agreements and financing conditions have been completed. The initial Bitcoin acquisition represents the first step in a broader strategy to gradually build a strategic reserve of 1,000 bitcoins. JZXN regards Bitcoin as a blockchain-based assets with decentralized architecture, transparency and security functions and offers an alternative option for assets diversification.
JZXN stated that the issue of convertible notes is in line with his objectives for the long -term asset management and current market conditions. The company also noted that it will meet all applicable laws and legal requirements for the use of capital. It is planning to maintain a cautious investment approach and at the same time increase exposure to digital assets.
With this step, JZXN is expanding its activities to the digital economy. The company regards Bitcoin as a core active within the digital ecosystem and is part of a broader effort to diversify its portfolio and to manage investment risks.
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Credit : cryptonews.net
