Following the Appointment of Dr. Doug Buerger as COO, Jiuzi Holdings, Inc.'s Board Endorses Crypto Asset Investment Policy Allowing Up to $1 Billion Deployment

Rhea-AI Summary

Jiuzi Holdings (NASDAQ: JZXN), a Chinese EV charging infrastructure provider, has announced a major strategic shift with the adoption of a Crypto Asset Investment Policy that allows deployment of up to $1 billion into select cryptocurrencies. This initiative follows the appointment of crypto expert Dr. Doug Buerger as COO.

The policy framework includes strict investment criteria limiting initial investments to Bitcoin, Ethereum, and BNB, professional custody standards, and oversight through a dedicated Crypto Asset Risk Committee led by CFO Huijie Gao. The company emphasizes this as a long-term treasury management strategy rather than short-term trading.

Positive

• Authorization to invest up to $1 billion in crypto assets as a potential store of value
• Appointment of crypto expert Dr. Doug Buerger as COO to lead the initiative
• Implementation of strict risk management framework and professional oversight
• Conservative approach limiting investments to major cryptocurrencies (BTC, ETH, BNB)

Negative

• Significant exposure to volatile crypto market risks
• Substantial deviation from core business model of EV charging infrastructure
• Potential regulatory risks associated with crypto investments in China
• Large capital allocation away from operational business needs

News Market Reaction – JZXN

-32.72% 42.4x vol

41 alerts

-32.72% News Effect

+109.1% Peak Tracked

-32.8% Trough Tracked

-$43M Valuation Impact

$89M Market Cap

42.4x Rel. Volume

On the day this news was published, JZXN declined 32.72%, reflecting a significant negative market reaction. Argus tracked a peak move of +109.1% during that session. Argus tracked a trough of -32.8% from its starting point during tracking. Our momentum scanner triggered 41 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $43M from the company's valuation, bringing the market cap to $89M at that time. Trading volume was exceptionally heavy at 42.4x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

HANGZHOU, China, Sept. 24, 2025 /PRNewswire/ -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company") today announced that its Board of Directors has formally approved and adopted a Crypto Asset Investment Policy (hereinafter referred to as the "Policy"). This policy authorizes the Company to allocate portions of its cash reserves into select crypto assets within a prudent risk management framework.

This strategic initiative follows the recent appointment of industry-renowned crypto expert Dr. Doug Buerger as Chief Operating Officer (COO), after thorough research and careful evaluation.

CEO Tao Li stated, "Adopting the Crypto Asset Investment Policy represents a proactive step in our treasury management to safeguard and enhance long-term shareholder value. We are delighted to have an experienced specialist like Dr. Doug Buerger leading this program."

Core Framework of the Policy:

1. Clear Investment Mandate & Cap: The Board has authorized the Company to deploy up to US$1 billion in funds for purchasing crypto assets, ensuring controlled exposure to risk.

2. Stringent Asset Selection Criteria: In its initial phase, investments will be limited to Bitcoin (BTC), Ethereum (ETH), and BNB. Any future expansion to other assets must undergo reassessment and approval by the Board's Risk Committee.

3. Highest-Tier Custody Standards: The Company will not self-custody acquired crypto assets.

4. Professional Oversight & Governance Structure: A "Crypto Asset Risk Committee" has been established under the leadership of CFO Huijie Gao. This committee will oversee policy implementation and report regularly to the Board.

Newly appointed Chief Operating Officer Dr. Doug Buerger commented, "I am thrilled to lead this important treasury initiative supported by such a forward-thinking Board and management team. We are not engaging in short-term trading or speculation; rather, we view crypto assets as long-term stores of value to hedge against macroeconomic uncertainties."

The Company expects to timely disclose relevant information via Form 6-K filings with SEC following any material purchase activities.

About Jiuzi Holdings, Inc.

Jiuzi Holdings, Inc. is a leading provider of intelligent charging infrastructure for new energy vehicles in China's Tier 3–4 cities. The Company specializes in high-power DC fast chargers (80kW–160kW) integrated with energy storage capabilities. Jiuzi Holdings plans continuous deployment of smart charging piles through 2026, supporting China's carbon neutrality goals and advancing sustainable transportation. For more information, visit jzxn.com. 

Investor Relations Contact:

iris@jzxn.com

View original content:https://www.prnewswire.com/news-releases/following-the-appointment-of-dr-doug-buerger-as-coo-jiuzi-holdings-incs-board-endorses-crypto-asset-investment-policy-allowing-up-to-1-billion-deployment-302565700.html

SOURCE Jiuzi Holdings, Inc

FAQ

How much can Jiuzi Holdings (JZXN) invest in crypto assets under the new policy?

The Board has authorized JZXN to deploy up to $1 billion in funds for purchasing crypto assets under their new Crypto Asset Investment Policy.

Which cryptocurrencies will JZXN invest in initially?

Initially, JZXN will limit investments to three major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and BNB.

Who will oversee JZXN's crypto investment strategy?

A dedicated Crypto Asset Risk Committee led by CFO Huijie Gao will oversee the policy implementation, with newly appointed COO Dr. Doug Buerger leading the treasury initiative.

How will JZXN secure its crypto assets?

JZXN will not self-custody acquired crypto assets, instead adhering to the highest-tier custody standards through professional services.

What is JZXN's main business before this crypto investment policy?

JZXN is a provider of intelligent charging infrastructure for new energy vehicles in China's Tier 3-4 cities, specializing in high-power DC fast chargers with energy storage capabilities.