Jiuzi Holdings has made a radical move into the digital finance by releasing a new treasury program. On Wednesday, the company released an announcement about its approved Crypto Asset Investment Policy that would allow it to allocate up to $1 billion to select cryptocurrencies.
Jiuzi appoints crypto expert COO to lead $1B treasury strategy
The rollout of this ambitious plan follows the recent appointment of Dr. Doug Buerger as Chief Operating Officer. The company described him as a “crypto expert” with extensive experience in the industry. His leadership role signals Jiuzi’s intention to strengthen its financial strategy through carefully managed exposure to digital assets.
CEO Tao Li welcomed the move, emphasizing its importance for long-term shareholder interests.
“Adopting the Crypto Asset Investment Policy represents a proactive step in our treasury management to safeguard and enhance long-term shareholder value,” he said.
Jiuzi sets strict crypto policy with BTC, ETH, BNB and oversight
The company’s initial focus will remain on three major tokens: Bitcoin (BTC), Ethereum (ETH), and BNB. Jiuzi confirmed that any future diversification into other cryptocurrencies will require…
