Publicly listed company ZOOZ announces completion of its first purchase of 525 Bitcoins
On September 30th, ZOOZ Power Limited announced today (September 30th) that it has completed the first purchase of 525 bitcoins, with a total value of $60 million, at an average purchase price of approximately $114,000 per bitcoin. The company has raised $159 million in private financing, with 95% planned for long-term bitcoin reserves. In addition, ZOOZ has submitted an F-3 form to the U.S. Securities and Exchange Commission, planning to raise up to $1 billion to advance its business development. Strategic investors include Pantera Capital, FalconX, and other well-known institutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Ethereum Foundation has sold a total of 21,000 ETH in the past three months.
WLFI: Recently sold some tokens to Hut8 at a price of $0.25 as treasury reserves
A contract whale added $23 million in margin to avoid liquidation
BTC Development Completes $253 Million in Initial Public Offering
Trending news
MoreCrypto prices
More








