Jiuzi Holdings approves $1B crypto investment policy
Chinese company Jiuzi Holdings has adopted a new Crypto Asset Investment Policy, authorizing up to $1B in cryptocurrency investments. The decision coincided with the appointment of well-known crypto expert Doug Burger as chief operating officer.
Under the approved policy, the initial allocation will be limited to Bitcoin (BTC), Ethereum (ETH), and BNB. Any expansion of the list will require approval from the Risk Committee. The company emphasized it will rely on top-tier custodial services rather than self-custody.
To oversee the program, a dedicated Crypto Asset Risk Committee has been created, headed by CFO Huijie Gao, with regular reporting to the board.
CEO Tao Li said the strategy is designed to protect and enhance shareholder value:
Jiuzi Holdings is a supplier of EV charging stations in China’s third- and fourth-tier cities. The company specializes in high-power DC chargers (80–160 kW) with integrated energy storage systems. The adoption of a crypto investment policy reflects its effort to diversify business operations and use cryptocurrencies as part of its corporate treasury.
With this move, Jiuzi becomes one of the few Chinese companies to openly announce a large-scale crypto investment program, reinforcing the “Digital Asset Treasuries” trend among public corporations.
CEO Tao Li said the strategy is designed to protect and enhance shareholder value:
We do not view crypto assets as speculative tools but as a long-term hedge against macroeconomic risks.
New COO Doug Burger stressed that Jiuzi will not engage in trading but will focus on buying and holding cryptocurrencies. All major transactions will be disclosed via SEC Form 6-K.
Jiuzi Holdings is a supplier of EV charging stations in China’s third- and fourth-tier cities. The company specializes in high-power DC chargers (80–160 kW) with integrated energy storage systems. The adoption of a crypto investment policy reflects its effort to diversify business operations and use cryptocurrencies as part of its corporate treasury.
With this move, Jiuzi becomes one of the few Chinese companies to openly announce a large-scale crypto investment program, reinforcing the “Digital Asset Treasuries” trend among public corporations.
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