TechFlame News – According to Globenewswire, Nasdaq-listed Jiuzi Holdings has announced that it has reached and signed an investment agreement with a strategic investment institution. The institution will subscribe to 40 million ordinary shares of the company at a price of $2 per share, with a total investment amount reaching $80 million. The initial investment funds have already been completed, and the new capital will be used to expand cash reserves to support the establishment of an encrypted asset treasury and the formulation of asset allocation strategies, among other purposes. It is expected that the treasury will include various cryptocurrencies such as Bitcoin, Ethereum, and stablecoins.