News with the tag "ZOOZ"

ZOOZ Power, a U.S.-listed EV charging company, has secured $5 million in private funding to implement a Bitcoin treasury strategy, reflecting a growing trend among companies to explore crypto investments for financial innovation and growth.

ZOOZ Power's stock declined after announcing a $180M private placement with institutional investors for a bitcoin reserve strategy.

ZOOZ Power plans to raise $180 million to establish a Bitcoin Reserve Strategy, aiming to diversify its treasury and leverage Bitcoin's long-term growth potential, backed by prominent crypto investors and a new CEO with digital asset expertise.