Chinese EV Maker to Acquire 10,000 BTC: Here Is Why Analysts Are Skeptical
Jiuzi Holdings, a Hangzhou-based electric vehicle manufacturer listed on Nasdaq under the ticker JZXN, announced an agreement to acquire 10,000 BTC valued at approximately $1 billion through an equity-for-Bitcoin swap with an unnamed global digital asset investor. What the Deal Actually Says The structure is straightforward on paper.
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