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Chijet Motor Company Announces Closing of $300 Million Private Placement in Cryptocurrency – GlobeNewswire

      <span class="justify-content-start">          <span class="article-published" itemprop="datePublished">              <time datetime="2025-10-27T11:00:00Z">October 27, 2025 07:00 ET</time>          </span>            <span class="article-source" style="min-width: 260px;" itemprop="sourceOrganization" itemscope itemtype="http://schema.org/Organization">              <span>&nbsp;</span>| Source:              <span>                    <a href="/en/search/organization/Chijet%2520Motor%2520Companyδ%2520Inc" itemprop="name">Chijet Motor Company, Inc</a>              </span>                  <meta itemprop="logo" url="https://ml.globenewswire.com/Resource/Download/23446397-e092-46a2-a0d9-97b80103adc1?size=2" alt="Company Name Logo" />            </span>      </span>        <span id="pnr-global-follow-button" class="pnr-follow-button-width-height"></span>        <span itemprop="author copyrightHolder" style="display: none;">Chijet Motor Company, Inc</span>            <br>New York, NY, Oct.  27, 2025  (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced the successful closing of a private placement offering of units, consisting of ordinary shares and warrants, for gross proceeds equivalent to $300 million in cryptocurrency.<br>The offering was conducted with select non-U.S. institutional investors. Each unit comprises one ordinary share (par value $0.003) priced at the equivalent of $0.10 per share in cryptocurrency, based on prevailing market rates at the time of the transaction, and three warrants, each exercisable to purchase one ordinary share at an exercise price equivalent to $0.12 per share in cryptocurrency. The warrants are exercisable for three years from the date of issuance and may be exercised on a cashless basis under certain conditions, as outlined in the offering documents.<br>Ms. Melissa Chen, Chief Executive Officer of Chijet, stated, “This significant investment in cryptocurrency reflects strong confidence from our investors in Chijet’s strategic vision and operational capabilities. The proceeds provide substantial financial flexibility to advance our secure crypto custody infrastructure and pursue strategic acquisitions within the rapidly evolving digital asset storage ecosystem.”<br>The cryptocurrency proceeds will be securely custodied in accordance with industry-leading standards, ensuring asset protection and compliance with applicable regulations. The offering was conducted pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended, including Section 4(a)(2) and Regulation S.<br>This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.<br><strong>About Chijet Motor Company, Inc. </strong><br />The primary business of Chijet is the development, manufacture, sales, and service of traditional fuel vehicles and NEVs. State-of-the-art manufacturing systems and stable supply chain management enable the Company to provide consumers with products of high performance at reasonable prices. In addition to its large modern vehicle production base in Jilin, China, a factory in Yantai, China will be dedicated to NEV production upon completion of its construction. Chijet has a management team of industry veterans with decades of experience in engineering and design, management, financing, industrial production, and financial management. For additional information about Chijet, please visit <a href="https://www.globenewswire.com/Tracker?data=Q1HomPoBq5DxiaCi9whkJkqAbubOoSLT3UcmfK5am-6r9IAonMJAyRyBOh9P1C4Gu-kVvf48_1cpaAyZ9VHb83k159kB2srNr7USSYMTM0w=" rel="nofollow" target="_blank" title="www.chijetmotors.com">www.chijetmotors.com</a>.<br><strong>Forward-Looking Statements </strong><br />This press release contains forward-looking statements as defined under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, formulated in accordance with the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. These statements, reflecting the Company's projections about its future financial and operational performance, employ terms like 'believes,' 'estimates,' 'anticipates,' 'expects,' 'plans,' 'projects,' 'intends,' 'potential,' 'target,' 'aim,' 'predict,' 'outlook,' 'seek,' 'goal,' 'objective,' 'assume,' 'contemplate,' 'continue,' 'positioned,' 'forecast,' 'likely,' 'may,' 'could,' 'might,' 'will,' 'should,' 'approximately,' and similar expressions to convey the uncertainty of future events or outcomes. These forward-looking statements are based on the Company's current expectations, assumptions, and projections, involving judgments about future economic conditions, competitive landscapes, market dynamics, and business decisions, many of which are inherently challenging to predict accurately and are largely beyond the Company's control. Additionally, these statements are subject to a multitude of known and unknown risks, uncertainties, and other variables that could significantly diverge the Company's actual results from those depicted in any forward-looking statement. These factors include, but are not limited to, varying economic conditions, competitive pressures, and regulatory changes. Because of these and other risks, uncertainties and assumptions, undue reliance should not be placed on these forward-looking statements. In addition, these statements speak only as of the date of this press release and, except as may be required by law, the Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.<br><strong>Investor Relations Contact:</strong><br />Matthew Abenante, IRC <br />President <br />Strategic Investor Relations, LLC <br />Tel: 347-947-2093 <br />Email: <a href="https://www.globenewswire.com/Tracker?data=sllBjAFO91ozug2xcjO35S43b7N9U3ivPjbJaqjc5LhuTlc292y-jWp6TALWMCz-dUu4r-p2Dy81y6o02xxgdszH5yUCNwlfWw42Odbo_wJ48MABBwy6px3jMmhd1YFY" rel="nofollow" target="_blank" title="matthew@strategic-ir.com">matthew@strategic-ir.com</a><br>                                                              New York, Oct.  20, 2025  (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC.&#160;(NASDAQ: CJET)&#160;(“Chijet” or the “Company”) today announced that it received a letter from The Nasdaq Stock Market LLC...                                                          <br>                                                              New York, Oct.  06, 2025  (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced the closing of its previously announced private placement offering...                                                          <br><br><a href="https://news.google.com/rss/articles/CBMi8wFBVV95cUxNTWJla3J1Y0RBb09LTzdENFo2Rk5IUWV1NWU2dHM2QnE0M3VXcTVjak9ndkVHZmR6VFNiZnJnMDM1cUFLR241c1Ztc2VUTm4zQi02RFZxVzNsR2NaNzA4Y0RBdE1FYWxIYmtuYk5oc19TbFNvMWJ5ZC1qRXdSVDFtWlB4SW5rRjlCWUhENDJPQ3Y1Ykdyc3JNbWlNMnBkMl9lNHpjaVBuYlFYOWstdXQ0NnNiRE5sLVRvXzVzZDZUVkY1YWhmWVdBNXBoejdnaV9vV1Y1ejRVbG13QVB4S0JZLUpseEtVLS01dW5tYU1zalpkWHM?oc=5">source</a>
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ASST Stock: Strive Surges on $1.3 Billion Merger and Growing Bitcoin Holdings – Meyka

Strive Asset Management’s recent $1.3 billion merger and big Bitcoin buys ignited a retail and institutional rally, sending ASST Stock sharply higher. The deal added thousands of Bitcoin to Strive’s corporate treasury, and investors piled in on hopes the company can grow as a public Bitcoin treasury firm. 
This article explains the merger, crypto holdings, market reaction, and what investors should watch next.
Strive announced an all-stock acquisition of Semler Scientific, valued at about $1.34 billion, part of a broader plan to consolidate Bitcoin treasury assets under the public ticker ASST. 
The transaction transfers more than 5,800 Bitcoins into the combined company, increasing Strive’s total corporate Bitcoin holdings to roughly 10,900 BTC, worth over $1.2 billion at recent prices. 
The merger follows Strive’s earlier reverse merger with Asset Entities to list on Nasdaq, and it cements the company’s new identity as a Bitcoin treasury business.
Why did Strive do the deal? Management aims to scale Bitcoin holdings quickly, build a treasury playbook similar to other corporate Bitcoin holders, and offer retail investors an equity route to corporate crypto exposure.
Does the structure risk shareholder dilution? Yes, prior filings that registered over a billion new shares prompted dilution fears and earlier sell-offs, but the company argues the strategic value offsets short-term dilution risk. 
The merger and related purchases bring significant Bitcoin reserves onto Strive’s balance sheet. With roughly 10,900 BTC, Strive now ranks among companies with the largest corporate Bitcoin treasuries. That asset base is central to the company’s pitch: use Bitcoin as a store of value while building asset management services and retail distribution channels. 
How big is that exposure? At current Bitcoin prices, the holdings represent well over a billion dollars, making the crypto treasury the dominant part of Strive’s enterprise value.
Strive (ASST) has raised capital via private placements and exercised warrants to support further Bitcoin buying. The company signaled plans to continue acquiring Bitcoin through preferred equity and other financing structures rather than relying solely on cash flow. That approach aims to scale holdings quickly while limiting direct balance sheet strain.
The stock (ASST) surged in a dramatic move, with intraday spikes and large overnight gains as retail traders and some institutions reacted to the news. Benzinga reported a sharp rally, and social channels lit up with mentions of the company as a potential “Bitcoin treasury play.”
Why is ASST Stock rising so fast? The combination of large Bitcoin purchases, high-profile mergers, and retail momentum created a short-term buying wave. Positive headlines and bargain hunting after earlier dilution-driven dips added fuel.
What are analysts saying about this jump? Views are mixed: some praise the treasury build, others warn of valuation risk and dilution. Use the surge as a signal to research fundamentals, not as a guaranteed entry point.
Vivek Ramaswamy co-founded Strive and helped shape its public profile. The company markets itself with an anti-ESG, pro-shareholder stance, attracting a niche investor base that values the firm’s cultural and political positioning as much as its financial strategy. 
That branding helped amplify retail interest when the Bitcoin strategy became public.
How does leadership affect investor confidence? Public figures and vocal founders can drive attention and retail flows, but long-term investor confidence depends on execution and financial discipline.
Strive’s (ASST) playbook sits at the crossroads of crypto treasury strategy and fintech innovation. The company’s moves reflect broader themes in markets: corporates using nontraditional assets on their balance sheets, and retail demand for novel exposure to cryptocurrencies through equities. Analysts also use advanced tools to model outcomes. 
For example, AI Stock research platforms help parse filings and sentiment to inform positioning around ASST Stock.
Does AI matter here? Yes, AI tools are part of modern market analysis; honest investors combine algorithmic signals with human judgment.
Key risks include share dilution from registered share pools, execution risk in integrating acquisitions, regulatory scrutiny around crypto holdings, and market volatility tied to Bitcoin prices. Corporate governance and clear reporting will be crucial as Strive grows its treasury.
What are the biggest investor risks? Dilution, a drop in Bitcoin prices, and a failure to monetize asset management operations are primary concerns.
Strive and its supporters shared merger and treasury updates on social platforms. For instance, Strive posted merger completion updates on its official account, confirming the company’s path to becoming a public Bitcoin (BTCUSD) treasury firm. These public posts helped rally retail interest and provided direct company confirmation of filings and strategy.
Where to watch real-time updates? Follow Strive’s verified Nasdaq filings, company investor releases, and their official social handles for the fastest official information.
ASST Stock offers a unique exposure: an equity vehicle with a large corporate Bitcoin treasury. That makes it attractive for investors seeking crypto exposure via stocks, but it also carries specific corporate and regulatory risks. 
Watch these triggers closely: Bitcoin price action, company filings on share issuance, integration progress for Semler assets, and any guidance on future Bitcoin buys.
Key watchlist:
ASST Stock surged after the $1.3 billion Semler deal and the addition of more than 5,800 Bitcoins to Strive’s treasury. The company now holds roughly 10,900 BTC, and management plans further strategic buys funded by equity and private placements. For traders, the stock is highly volatile and sensitive to Bitcoin price swings and dilution news. 
For long-term investors, Strive represents a bold experiment: a public company built around a large corporate Bitcoin reserve plus asset management ambitions. Balance the potential upside of a Bitcoin treasury with the clear risks, watch filings closely, and consider position sizing and risk controls if you choose to participate.
Strive ASST focuses on offering investment funds that prioritize financial returns over political or social agendas. The firm promotes shareholder capitalism and aims to maximize long-term value for investors.
Strive ASST does not directly hold Bitcoin in its main funds. However, it may have indirect exposure through companies involved in blockchain or cryptocurrency infrastructure.
ASST’s potential depends on investor goals and market conditions. Analysts view it as a growing player in asset management, but investors should review its financials and risk profile before buying.
Institutional investors such as BlackRock, Vanguard, and State Street collectively own close to 90% of U.S. stocks. These major firms manage trillions in assets across global markets.
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.”

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The information provided by Meyka AI PTY LTD is for informational and research purposes only and does not constitute financial, investment, or trading advice. Meyka is a research platform, not a financial advisory service. Investing in financial markets involves risks, and past performance does not guarantee future results. Users should conduct their own due diligence, consult with professional financial advisors, and assess their risk tolerance before making investment decisions. Meyka and its operators are not liable for any financial losses incurred from the use of information on this platform. The data provided is derived from publicly available sources and is believed to be reliable but may not always be accurate or up to date. Users should independently verify information and not rely solely on Meyka for financial decisions. By using Meyka, you acknowledge that it does not provide financial advice or recommendations and agree to seek guidance from a qualified financial professional before making any investment decisions.

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BlackRock deposits $225M in Bitcoin and Ether into Coinbase Prime – Crypto Briefing

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BlackRock, the world’s largest asset manager, deposited $225 million worth of Bitcoin and Ether to Coinbase Prime today. The transfer included both major crypto assets as part of the firm’s ongoing institutional activity.
Coinbase Prime, a specialized platform for institutional cryptocurrency custody and trading, serves as a key venue for large-scale cryptocurrency movements by firms like BlackRock. The platform facilitates secure handling of digital assets in regulated environments.
BlackRock has maintained a pattern of depositing Bitcoin and Ethereum to Coinbase Prime, indicating routine institutional rebalancing or liquidity adjustments. Such transfers align with broader institutional interest in cryptocurrency ecosystems, often tied to ETF operations and strategic asset management.
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20-year-old arrested in double homicide at Jacksonville ATM; victims' mothers see him in court – FL Times-Union

When Terri Barnes planted a memorial cross with flowers on July 11 next to the Bowden Road ATM where son Jamarion Barnes and girlfriend Tyniya Powell were gunned down on June 20, she said she had a feeling police had an idea who killed them.
That intuition foreshadowed the Jacksonville Sheriff’s Office’s announcement Wednesday night that 20-year-old Raishion Gist was arrested on two counts of murder. Barnes was in court the next morning when he made his first appearance.
Watching as Gist sat in a jail jumpsuit, Barnes said she “got the chills.” 
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“We were relieved to know that he was finally arrested,” she said after the hearing. “He can sit and think about what he has done to his life and how he has affected our whole family’s life, as well as Tyniya’s. I was sitting next to her mother in the courtroom.”
Powell’s family could not be reached for comment on the arrest. Powell was 20 and Barnes 21.
Police released few details of what led up to Gist’s arrest, only saying that evidence and tips from the community helped detectives identify a suspect who was arrested with the help of the U.S. Marshals Fugitive Task Force.
Jacksonville’s MAD DADS community outreach coordinator A.J. Jordan said a tip it received and passed on to investigators “played a part in his arrest.” MAD DADS, which stands for Men Against Destruction Defending Against Drugs and Social Disorder, helped arrange a memorial for Jamarion Barnes and Powell just days after their deaths at the ATM.
Surveillance video shot at 9:18 that night from across the ATM at Bowden and Spring Park roads show the last moments when the young man and woman parked their Toyota Corolla next to it.
Secured by Times-Union partner First Coast News, the video shows a man in dark clothing getting out of the Toyota’s back seat, opening the driver’s door and grabbing something before walking away. He sprints back to shut the driver’s door, reopening the back one before closing it and running away quickly as a minivan, then a car stop nearby.
Report: Suspect in Jacksonville triple homicide told 8-year-old son the victims were ‘making jokes at him’
Murder capital of Florida: In 2021, Jacksonville’s homicide total dropped 30 percent. But it wasn’t enough to save Robin Clemons’ son.
When officers arrived there about 10 minutes later, Barnes was found lying outside the driver’s door and Powell on the ground next to the passenger side, according to the incident report.
No motive has been revealed. Terri Barnes said she does not know either but hopes to hear more from investigators soon. She said she does not know Gist, but her son “may have.”
His arrest report is very limited but lists drugs as being involved.
Jamarion Barnes, who had a 9-month-old daughter, is the second in his family to be killed this year.
His 20-year-old brother, Jelijah Barnes, was killed early on March 13 in the 7000 block of South Beekman Lake Drive, according to Times-Union records. Again police released very little about the circumstances, other than he was shot multiple times as he got out of his vehicle at a home. No arrests have been reported in that case.
Terri Barnes said she has been in regular contact with the homicide detective investigating Jamarion and Powell’s deaths. She said she felt that police were close to an arrest, but were just waiting “for everything to be perfect because they had one shot.”
Now she hopes her middle son’s death has the same conclusion.
“Absolutely yes, hopefully within time they will figure out his,” Barnes said. “His is a little bit more difficult than Jamarion’s is. But there’s no limitation on murder, so I feel one day his killer will be caught.”
Gist has no prior arrests in Jacksonville and faces an Aug. 25 arraignment, according to Duval County jail records.
dscanlan@jacksonville.com, (904) 359-4549

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Trump arrives in Japan for next stop on Asian diplomacy tour – CNN

  1. Trump arrives in Japan for next stop on Asian diplomacy tour  CNN
  2. Trump Administration Live Updates: President Meets With Japan’s Emperor in Tokyo  The New York Times
  3. Trump administration live updates: Trump arrives in Japan, open to extending Asia trip to meet with Kim Jong Un  NBC News
  4. Trump gives ‘toothless’ Asian summit its moment in the sun  BBC
  5. Trump targets China trade deal as he arrives in Tokyo on Asia tour  Reuters

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Where Will the Cryptocurrency XRP Be in 10 Years? – The Motley Fool

Are XRP bulls correct?
Driven by hopes that regulatory clarity will finally unlock mass banking adoption, XRP (XRP 1.19%) has exploded this year, surging more than 370% since last October. But despite this incredible performance, a decade from now, I think XRP will be worth far less than investors hope.
The bull thesis has always hinged on the premise that as banks adopt the technology and products of Ripple (the company behind XRP), demand will soar and XRP's price will follow. The problem is that banks don't really need XRP to use Ripple's services.
RippleNet, Ripple's flagship product, delivers speed and cost savings without requiring banks to touch XRP at all. They can stick with traditional currencies and still reap the benefits. While Ripple's ODL product does use XRP as a bridge asset for cross-border transactions, it remains comparatively niche — adopted mainly by smaller institutions where liquidity really matters, not the major banks that would move the needle.
Image source: Getty Images.

Even if ODL adoption accelerates, Ripple's stablecoin ambitions  could very well undermine ODL's demand effects. Its stablecoin, RLUSD, could be used as the "bridge asset" in ODL transactions instead of XRP. The company's push for a banking charter and its $200 million acquisition of a stablecoin payment company make me believe this is the direction Ripple is headed.

In 10 years, I expect XRP to be a cautionary tale about mistaking a company's success for its token's value. While XRP's price could gain in the short term, I think its returns will seriously lag the market over time.
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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