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Suspected Chinese-background NASDAQ-listed company Jiuzhi New Energy (NASDAQ:JZXN) releases major news
A strategic investor will transfer 10,000 Bitcoins to Jiuzhi New Energy in exchange for approximately $1 billion worth of equity
Before the announcement, Jiuzhi New Energy's $JZXN stock price was $0.85, with a market capitalization of $1,129,600
Jiuzhi New Energy's actual controller is Zhang Chunjing. The company's registered location is Xiaoshan District, Hangzhou, Zhejiang, and its main business involves the new energy sector
As of October 31, 2025, Jiuzhi New Energy's total revenue was $2.8827 million, with a net loss of $10.1911 million, and total assets of $17.1814 million.