ZOOZ Energy Ltd. (NASDAQ: ZOOZ) introduced the acquisition of an extra 329 BTC price roughly $40 million. Following this transaction, the corporate now holds a complete of 854 BTC valued at greater than $100 million. The acquisition marks one other step in ZOOZ’s bitcoin treasury reserve technique, which goals to strengthen the corporate’s steadiness sheet and supply traders publicity to bitcoin via NIS-denominated property.
ZOOZ Energy Ltd. is an organization pioneering a bitcoin treasury reserve technique to diversify property and supply long-term shareholder worth.
As the primary Nasdaq and TASE dual-listed firm to implement a bitcoin treasury reserve, ZOOZ goals to place itself as a frontrunner in digital asset adoption inside the conventional monetary markets. The corporate believes its strategy supplies shareholders with potential long-term upside via direct bitcoin publicity.
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