JZXN Raises Funds through Convertible Notes to Acquire Bitcoin, Initiating a Strategic Layout of Thousands of Bitcoins

HANGZHOU, China, June 11, 2025 /PRNewswire/ -- JZXN Holdings, Inc. (NASDAQ: JZXN; the "Company") announced that its board of directors has approved the issuance of convertible notes for fundraising. The funds will be exclusively used for Bitcoin strategic reserves, and upon receipt, 23.5 Bitcoins will be purchased as the initiation of the "Thousand Coins Plan" announced on May 22, 2025. The investors and investment conditions have been finalized, with the acquisition set to be completed shortly. This move signifies JZXN's U.S. subsidiary's entry into digital assets, demonstrating its confidence in Bitcoin's long-term value.

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