ZOOZ Power Ltd has made headlines with its latest Bitcoin acquisition, purchasing an additional 329 BTC for approximately $40 million. This strategic move, announced on October 6, 2025, underscores the company's commitment to its long-term Bitcoin treasury reserve strategy, as emphasized in the official statement.
ZOOZ Power Increases Bitcoin Holdings
With this latest purchase, ZOOZ Power's total Bitcoin holdings have now reached 854 BTC, valued at over $100 million. The acquisition was funded through net proceeds from a private placement that was disclosed on July 29, 2025.
CEO's Vision for Bitcoin Integration
CEO Jordan Fried reiterated the company's focus on holding Bitcoin as a long-term asset, aiming to provide equity exposure to this burgeoning asset class through its shares. This move not only strengthens ZOOZ's balance sheet but also highlights its dedication to integrating Bitcoin into its financial strategy.