ZOOZ Goes Bitcoin: The Treasury Twist Buzzing Now

ZOOZ Power Ltd., that bold little darling listed in the U.S. and Israel, announced on Tuesday that it has bagged 525 Bitcoin for roughly $60 million. A bold purchase, or perhaps a midlife crisis with fewer therapists involved. ๐Ÿช™๐Ÿ’ธ

The move doubles as the official launch of its new corporate shtick: becoming a Bitcoin treasury reserve company. In plain English, shareholders get direct exposure to the digital asset, which soundsโ€ฆ exciting, and slightly terrifying-exactly how we like it at brunch. ๐Ÿฅ‚๐Ÿช™

A Shareholder-Approved Pivot

The cash for this flourish came from roughly 95% of the net proceeds of a $159 million private placement (PIPE), with investors such as Pantera Capital, FalconX, and Arrington Capital on the guest list. Itโ€™s not gossip, itโ€™s capital allocation, darling. ๐Ÿ’ฌ๐Ÿ’ฐ

The company first floated this revised focus on July 29, 2025, and shareholders gave their blessing on September 19, 2025. The plan, per the release, is to operate as a โ€œglobal bitcoin treasury.โ€ Itโ€™s corporate babble with a shiny new sticker. ๐ŸŒ๐Ÿช™

Scaling its Bitcoin Holdings

Suddenly ZOOZ is squarely in the club of publicly traded firms adding Bitcoin to their balance sheets as part of a treasury strategy. Itโ€™s the grown-up version of stashing cash in a piggy bank, only shinier and more volatile. ๐Ÿ˜…๐Ÿงท

A looming $1 billion capital raise, plus the performance of this Bitcoin-focused model on Nasdaq and Tel Aviv, will offer more clues about whether investors say โ€œcheersโ€ or โ€œoh no, not again.โ€ ๐Ÿ“ˆ๐Ÿงช

Why This Matters

The move underscores that some publicly traded firms are expanding their treasury strategies beyond boring old assets-introducing Bitcoin to the family silver, if you will. ๐Ÿ’๐Ÿช™

In a parallel twist, Hyperion DeFi (NASDAQ: HYPD) did a direct on-chain pickup of $10 million worth of its own token, HYPE-proof you can be proactive without being overly earnest. ๐Ÿ˜๐Ÿš€

Next steps: push ahead with the $1 billion capital raise, roll out Bitcoin-per-share disclosures and risk guardrails, and watch Nasdaq and Tel Aviv to see if the market treats this as romance or ruin. ๐Ÿ’˜๐Ÿ“Š

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2025-09-30 21:56