Story perspectives
ZOOZ Power Launches $180M Bitcoin Reserve, Sets Industry Benchmark
9/21/2025
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Story summary
- ZOOZ Power Ltd. secured shareholder approval for a $180 million private placement to create a Bitcoin Treasury Reserve, becoming the first dual-listed company on Nasdaq and TASE to do so.
- Approximately 95% of the funds will be used to acquire Bitcoin, reflecting growing institutional acceptance of cryptocurrency.
- The company highlights partnerships, financial support, and regulatory compliance as key for fintech startups entering crypto.
- This initiative may serve as an inflation hedge and diversify portfolios, despite inherent risks.
- ZOOZ seeks to set a benchmark for other firms in the cryptocurrency adoption landscape.
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