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ZOOZ Power Acquires 525 Bitcoins for $60 Million

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ZOOZ Power Acquires 525 Bitcoins for $60 Million
Key Takeaways:
  • The acquisition highlights ZOOZโ€™s 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.
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ZOOZ Power Acquires 525 Bitcoins for $60 Million

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 ZOOZโ€™s share price, highlighting market confidence.

ZOOZ Powerโ€™s Bitcoin acquisition strategy is a commitment to cryptocurrency as a treasury reserve, reflecting confidence in Bitcoinโ€™s 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 ZOOZโ€™s focus on disciplined risk management within clearly defined parameters. Jordan Fried, CEO of ZOOZ Power, stated, โ€œWe 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 ZOOZโ€™s 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. ZOOZโ€™s 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. ZOOZโ€™s initiative may catalyze broader interest and institutional involvement in Bitcoin, benefiting its market presence substantially.

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