[Jiuzi Holdings Raises $80 Million Through Equity Offering to Support Crypto Asset Treasury Development] According to Globenewswire, Nasdaq-listed company Jiuzi Holdings (九紫新能) announced that it has reached and signed an investment agreement with a strategic investment institution. The institution will subscribe to 40 million shares of its common stock at a price of $2 per share, with a total investment amount of $80 million. The initial tranche of investment funds has already been completed. The new funds will be used to expand cash reserves to support the development of a crypto asset treasury and formulate asset allocation strategies. The treasury is expected to include various cryptocurrencies such as Bitcoin, Ethereum, and stablecoins.