Jzxn Holdings, Inc. is a China-based company that provides Energy Batteries and EVs. (NASDAQ: JZXN) has announced that the board has approved a plan to raise capital through the issuance of a convertible note. This fund will be used to acquire 23.5 Bitcoin as part of the previously announced Thousand Coin Plan, which was introduced on May 22, 2025. The purchase is made by JZXN’s US subsidiary and marks entry into digital asset holdings.
We have confirmed that our investor agreements and financing terms are final. The first Bitcoin acquisition represents the first step in a broader strategy to gradually build 1,000 Bitcoin strategic reserves. JZXN considers Bitcoin as a blockchain-based asset with decentralized architecture, transparency and security features, offering alternative options for asset diversification.
JZXN said the issuance of the convertible notes is consistent with long-term asset management goals and current market conditions. The company also noted that it complies with all applicable laws and regulatory requirements in the capital deployment. We plan to maintain a cautious investment approach while increasing our exposure to digital assets.
This move will expand JZXN’s business into the digital economy. The company sees Bitcoin as part of a core asset within the digital ecosystem and part of a broader effort to diversify its portfolio and manage investment risk.
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