Zooz Power (ZOOZ) announced that it has completed an additional purchase of 329 bitcoin (BTC-USD) for around $40M, bringing its total bitcoin holdings to 854 bitcoin valued at more than $100M. This milestone marks a significant step forward in the execution of Zooz’s bitcoin treasury reserve strategy. Zooz is the first NIS denominated Bitcoin exposure for investors in the market.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZOOZ:
- Zooz Power files to sell 221.09M ordinary shares for holders
- Zooz Power completes initial purchase of bitcoin valued at $60M
- Zooz Power files $1B mixed securities shelf
- Zooz Power shareholders approve private placement, bitcoin treasury strategy
- Zooz Power files to sell 2.5M ordinary shares for holders