ZOOZ Power Buys 525 Bitcoin for $60 Million
ZOOZ Power Ltd., listed in the U.S. and Israel, announced on Tuesday it bought 525 Bitcoin. The purchase cost about $60 million. This move launches the company’s new strategy to become a Bitcoin treasury reserve firm. It aims to give shareholders direct exposure to Bitcoin.
Shareholders Approve New Corporate Strategy
The Bitcoin purchase used roughly 95% of the $159 million raised in a recent private placement. Investors included Pantera Capital, FalconX, and Arrington Capital. ZOOZ Power first revealed its new focus on July 29, 2025. Shareholders approved the plan on September 19, 2025. The company plans to operate as a “global bitcoin treasury.”
Plans to Expand Bitcoin Holdings and Capital Raise
ZOOZ Power joins other public firms adding Bitcoin to their balance sheets. The company plans to raise $1 billion in capital. It will also introduce Bitcoin-per-share disclosures and risk controls. Its performance on the Nasdaq and Tel Aviv Stock Exchanges will be closely watched.
This shift shows how some public companies are broadening treasury strategies beyond traditional assets. For example, Hyperion DeFi (NASDAQ: HYPD) recently acquired $10 million of its native token HYPE on-chain. This reflects a move from passive holdings to active ecosystem participation.
Read the official announcement
