ZOOZ Power Increases Bitcoin Holdings
ZOOZ Power Ltd. bought 329 more Bitcoin for about $40 million on October 6. This raises its total Bitcoin holdings to 854 BTC, now worth over $100 million. The purchase is part of ZOOZ’s ongoing bitcoin treasury reserve strategy.
The company used net proceeds from a private placement announced on July 29, 2025, to make the purchase. ZOOZ said this move speeds up its shift toward an “institutional quality bitcoin treasury.”
Jordan Fried, CEO of ZOOZ, said the firm focuses on holding Bitcoin long term. He added the company wants to offer equity exposure to Bitcoin through its shares.
ZOOZ’s Bitcoin Strategy
This latest purchase shows ZOOZ is increasing its Bitcoin holdings as a key part of its balance sheet. Earlier this month, the company bought $60 million in Bitcoin. This new purchase confirms its commitment to the strategy.
ZOOZ has not shared details about the price per coin or its risk management plans. It also did not disclose future plans for more Bitcoin purchases.
Corporate Trends in Bitcoin Treasury Management
ZOOZ’s Bitcoin buying fits a wider trend of companies using cryptocurrencies as reserve assets. Many firms are adopting a “buy and hold” approach to Bitcoin.
The success of ZOOZ’s strategy will depend on how it manages Bitcoin’s price volatility. Transparency in its treasury operations will also be important.
Read the official press release from ZOOZ Power Ltd.
