Nasdaq-Listed ZOOZ Power Considers Bitcoin Reserve Strategy Amid Corporate Treasury Shifts
Main Idea
ZOOZ Power is raising $180 million to implement a Bitcoin Reserve Strategy, positioning Bitcoin as a core asset in its corporate treasury, backed by institutional investors and led by digital asset expert Jordan Fried.
Key Points
1. ZOOZ Power plans a $180M PIPE funding to support its Bitcoin Reserve Strategy, pending shareholder approval.
2. The strategy involves allocating $180 million to Bitcoin, emphasizing transparency and risk mitigation.
3. Institutional investors such as Pantera Capital, FalconX, and Arrington Capital are backing the $180 million PIPE offering.
4. Jordan Fried will join as CEO on July 31 to oversee the Bitcoin Reserve Strategy, bringing expertise in digital assets.
5. Bitcoin’s fixed supply makes it a strong inflation hedge and diversifies corporate treasuries.
6. Key risks include volatility, regulatory compliance, and accounting complexities, requiring robust management frameworks.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! ZOOZ Power is
Latest News
- Polygon Network Outage Likely Linked to Block Explorer Display Issues, Core Operations Remain Stable2025-07-30 18:48:48
- White House Task Force Urges Regulatory Clarity for Bitcoin Amid New US Crypto Legislation2025-07-30 18:44:37
- Bitcoin May Face Volatility Amid Fed Rate Hold and Ongoing Inflation Uncertainty2025-07-30 18:43:25
- BTC Price Drop Below $112,454 Could Trigger $1.943 Billion Long Order Liquidations on Major CEXs2025-07-30 18:42:18
- WHITE HOUSE DIGITAL ASSET REPORT GETS PUBLISHED2025-07-30 18:38:29