ZOOZ Power Ltd. (NASDAQ: ZOOZ) announced the purchase of an additional 329 BTC worth approximately $40 million. Following this transaction, the company now holds a total of 854 BTC valued at more than $100 million. The purchase marks another step in ZOOZ’s bitcoin treasury reserve strategy, which aims to strengthen the company’s balance sheet and offer investors exposure to bitcoin through NIS-denominated assets.
ZOOZ Power Ltd. is a company pioneering a bitcoin treasury reserve strategy to diversify assets and provide long-term shareholder value.
As the first Nasdaq and TASE dual-listed company to implement a bitcoin treasury reserve, ZOOZ aims to position itself as a leader in digital asset adoption within the traditional financial markets. The company believes its approach provides shareholders with potential long-term upside through direct bitcoin exposure.
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