- The acquisition highlights ZOOZโs strategic treasury shift and shareholder approval.
- Initial institutional Bitcoin buy of $60 million increases market confidence.
- Share price rose by 6.3% following the Bitcoin purchase announcement.
ZOOZ Power invested $60 million to acquire 525 Bitcoins, initiating their Bitcoin treasury strategy. This move received shareholder and regulatory support, and resulted in a 6.3% increase in ZOOZโs share price, highlighting market confidence.
ZOOZ Powerโs Bitcoin acquisition strategy is a commitment to cryptocurrency as a treasury reserve, reflecting confidence in Bitcoinโs potential impact on market dynamics.
Strategic Initiative
ZOOZ Power Ltd. has formally launched an institutional Bitcoin treasury strategy by purchasing 525 Bitcoins at an approximate cost of $60 million. Shareholder approval for this move was secured in September 2025, signaling substantial backing for this bold initiative.
Leadership and Strategy
The shift includes new leadership with CEO Jordan Fried and strategic investors from Pantera Capital, FalconX, and Arrington Capital. These changes emphasize ZOOZโs focus on disciplined risk management within clearly defined parameters. Jordan Fried, CEO of ZOOZ Power, stated, โWe are focused on disciplined risk management and will operate with clear guardrails. Our treasury program is structured with predefined loan-to-value parameters for any leveraged positions.โ โ PR Newswire
Market Impact
The immediate impact was notable in the market, with ZOOZโs share price increasing by 6.3%. This reflects strengthened investor confidence. Bitcoin remains the primary asset in this strategic plan, attracting significant market interest.
Financial and Business Implications
Financial and business implications of this initiative include potential expansion following a $1 billion SEC filing. ZOOZโs move empowers its institutional growth strategy, reinforcing its reputation in cryptocurrency markets.
Broader Implications
Institutional adoption of Bitcoin by ZOOZ could assert long-term effects on financial markets, consistent with historical trends seen in corporate treasury shifts like MicroStrategy and Tesla. ZOOZโs initiative may catalyze broader interest and institutional involvement in Bitcoin, benefiting its market presence substantially.