Chijet Motor Company announces its digital asset treasury value exceeds $400 million, enhancing its diversification strategy.
Quiver AI Summary
Chijet Motor Company, Inc. announced that its digital asset treasury holdings have exceeded $400 million, following the acquisition of 100 million tokens as part of a newly unveiled digital asset initiative. CEO Melissa Chen highlighted this achievement as a key part of the company's diversification strategy aimed at enhancing long-term shareholder value. Chijet's approach to digital assets focuses on business diversification and growth within the blockchain ecosystem. The company plans to continue accumulating digital assets in alignment with market conditions and its capital allocation strategy. Chijet is involved in the development and manufacturing of both traditional and new energy vehicles, supported by advanced manufacturing facilities in China.
Potential Positives
- Chijet Motor Company, Inc. has successfully surpassed $400 million in digital asset treasury holdings, marking a significant milestone in its diversification strategy.
- The acquisition of 100 million tokens reflects the company's commitment to expanding its digital asset portfolio in a disciplined manner.
- The digital asset strategy is aimed at providing business diversification, treasury innovation, and involvement in the growth of the blockchain ecosystem, which may enhance long-term shareholder value.
- The establishment of a factory dedicated to new energy vehicle production indicates Chijet's commitment to innovation and responding to market demand in the automotive sector.
Potential Negatives
- The press release heavily emphasizes the company’s investment in digital assets, which may raise concerns among investors about the stability and reliability of this strategy compared to traditional automotive operations.
- There is an acknowledgment of inherent risks and uncertainties related to the forward-looking statements, which could create skepticism about the company's future performance and investor confidence.
- The reliance on a digital asset strategy could signal a diversion from core automotive operations, potentially perceived as a lack of focus on traditional vehicle manufacturing and sales.
FAQ
What recent milestone did Chijet Motor Company achieve?
Chijet Motor Company announced that its digital asset treasury holdings have surpassed $400 million in value.
How many tokens has Chijet acquired?
Chijet has acquired 100 million tokens as part of its strategic digital asset initiative.
What is the purpose of Chijet's digital asset strategy?
The strategy aims to provide business diversification, treasury innovation, and blockchain ecosystem participation.
Where are Chijet's manufacturing facilities located?
Chijet has a large modern vehicle production base in Jilin, China, and a factory in Yantai for new energy vehicles.
Who can I contact for investor relations inquiries at Chijet?
For investor relations, contact Matthew Abenante at Strategic Investor Relations, LLC via email at [email protected].
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CJET Hedge Fund Activity
We have seen 1 institutional investors add shares of $CJET stock to their portfolio, and 3 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG removed 14,096 shares (-98.4%) from their portfolio in Q3 2025, for an estimated $2,284
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 224 shares (-56.9%) from their portfolio in Q3 2025, for an estimated $36
- CITADEL ADVISORS LLC removed 158 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $25
- CITIGROUP INC added 31 shares (+inf%) to their portfolio in Q3 2025, for an estimated $5
- HHM WEALTH ADVISORS, LLC added 0 shares (+0.0%) to their portfolio in Q3 2025, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
New York, Nov. 26, 2025 (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (“Chijet” or the “Company”), a global automotive technology enterprise, today announced that its digital asset treasury holdings have surpassed $400 million in value. The Company has acquired 100 million tokens as part of its strategic digital asset initiative announced earlier this month, with current holdings valued at over $400 million.
“Reaching $400 million in digital asset treasury value represents an important milestone in our diversification strategy, ” said Ms. Melissa Chen, Chief Executive Officer of Chijet. “We remain committed to expanding our holdings in a disciplined manner as we build long-term shareholder value.”
Chijet’s digital asset strategy is designed to provide business diversification, treasury innovation, and participation in blockchain ecosystem growth. The Company intends to continue its strategic accumulation of digital assets in accordance with its capital allocation strategy and market conditions.
About CHIJET MOTOR COMPANY, INC.
The primary business of Chijet is the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles. 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 new energy vehicles 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 www.chijetmotors.com .
Forward-Looking Statements
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.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email:
[email protected]