TEL AVIV / LONDON (IT BOLTWISE) – ZOOZ Power Ltd. has further expanded its Bitcoin strategy by purchasing 88,888 Bitcoin. With a total value of $10 million, the company strengthens its position as a pioneer in integrating Bitcoin into corporate finances. This decision highlights ZOOZ’s confidence in Bitcoin as a long-term store of value.
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ZOOZ Power Ltd., a pioneer in integrating Bitcoin into corporate finances, recently completed the purchase of 88,888 Bitcoin. This move, which came at an average price of $112,500 per Bitcoin, brings the company’s Bitcoin holdings to a total of 942 Bitcoin. This strategic decision underscores ZOOZ’s commitment to establishing Bitcoin as a core part of its financial strategy.
ZOOZ’s decision to integrate Bitcoin into its financial strategy is a significant step in the company’s history. As the first company to be listed on both the Nasdaq and the Tel Aviv Stock Exchange, ZOOZ offers its investors direct Bitcoin exposure in new Israeli shekels. This dual listing allows the company to be present in both the American and Israeli markets and benefit from the advantages of both financial systems.
Jordan Fried, CEO of ZOOZ, emphasized the importance of Bitcoin as a long-term store of value that can protect capital during times of financial uncertainty. Since launching its Bitcoin strategy in July 2025, ZOOZ has consistently invested in Bitcoin, reflecting the company’s confidence in the cryptocurrency as a strategic financial tool. This investment is part of a broader plan aimed at positioning ZOOZ as a leader in the Bitcoin financing space.
ZOOZ’s decision to hold Bitcoin as a strategic asset reflects a growing trend in the financial world where companies are incorporating cryptocurrencies as part of their long-term financial strategies. This development could inspire other companies to take similar steps, especially in an environment where traditional financial instruments are increasingly being questioned. The impact on the market could be significant as more companies begin to view Bitcoin as a legitimate financial instrument.
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