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Juizi Holdings Authorizes $1 Billion Crypto Treasury, Stock Rises 25%
Juizi Holdings has authorized a $1 billion allocation towards a cryptocurrency treasury. The funds will be invested in Bitcoin, Ethereum, and BNB, with potential expansion subject to board approval. A "Crypto Asset Risk Committee" under CFO Huijie Gao will oversee the investments, and Juizi will not self-custody its crypto assets.
- New COO Doug Buerger will lead the initiative.
- Buerger stated that Juizi views crypto as long-term value stores to hedge against macroeconomic uncertainties.
The announcement led to an 80% weekly increase in Juizi's stock (JZXN), spiking up to 26% over a 24-hour period.

This move aligns with a trend of companies adopting cryptocurrency reserves:
- Strive Inc. merged with Semler Scientific, forming the 14th largest public Bitcoin holder.
- Kyrgyzstan is advancing legislation for a state cryptocurrency reserve.
- The Philippines proposed creating a national Bitcoin reserve with plans for annual BTC purchases.