JZXN Holdings Launches “Thousand Coins Plan” with Initial Bitcoin Acquisition Funded by Convertible

12 June 2025 | Thursday | News

Company’s U.S. subsidiary to purchase 23.5 BTC as first step in digital asset strategy, signaling long-term confidence in Bitcoin and commitment to portfolio diversification.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

JZXN Holdings, Inc. 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.

Per the Board resolution, JZXN will execute Bitcoin asset allocation progressively, with this initial acquisition constituting a core component of its thousand-Bitcoin strategy. The company emphasized Bitcoin's role as a flagship blockchain technology, noting its decentralized architecture, transparency, and security provide innovative options for asset diversification. By incorporating Bitcoin, JZXN aims to optimize its asset portfolio, enhance risk resilience, and capitalize on opportunities within the digital economy.

The convertible note offering represents a strategic decision aligned with current market dynamics and corporate objectives. JZXN will strictly comply with relevant laws, regulations, and supervisory requirements to ensure legitimate deployment of raised capital. While acknowledging Bitcoin's substantial investment potential, the company concurrently committed to maintaining prudent investment discipline to safeguard capital.

Li Tao, CEO of JZXN, stated: "We fully recognize the volatility and uncertainty of the Bitcoin market. However, it is precisely based on our in-depth understanding of blockchain technology and long-term confidence in its potential that we have decided to take this step. Through this acquisition, we will further diversify the company's asset structure and enhance its risk resilience and profitability. Simultaneously, we will continue to monitor and explore applications of blockchain technology in other fields, aiming to generate new value for the company."

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