Nine Purple Holdings secures $60 million investment, to be injected in equivalent cryptocurrency assets.
TechFlame
2026-02-13 12:26
TechFlame2026-02-13 12:26
English
TechFlame News - Jiu Zi Holdings (Nasdaq: JZXN) announced that it has entered into securities purchase agreements with multiple strategic investment institutions that hold leading influence in the fields of crypto asset management and digital asset allocation. Investors will subscribe to 40 million ordinary shares of the company at a price of $1.50 per share, with a total transaction value of approximately $60 million. The investment will be injected in the form of equivalent crypto assets, representing a 50% increase compared to the original plan. All participating investment institutions in this round of financing focus on crypto asset treasury construction, digital asset risk management, and on-chain value discovery. Jiu Zi Holdings stated that this agreement marks the full-scale implementation phase of its Digital Asset Treasury (DAT) strategy. Through systematic asset allocation, dynamic risk control, and liquidity efficiency optimization, the company aims to build a digital asset treasury system that combines long-term value growth capabilities with resilience against market cycles.