ZOOZ Power Ltd.(ZOOZ)
Search documents
ZOOZ provides Israelis with exposure to Bitcoin
En.Globes.Co.Il· 2026-01-28 18:22
Earlier this month Bitcoin treasury company ZOOZ Strategy (Nasdaq: ZOOZ; TASE: ZOOZ) CEO Jordan Fried visited Israel for meetings with investors. Since the Israeli company changed its field of activity last summer - from kinetic energy to investing in Bitcoin - ZOOZ's stock has lost 84% and is trading at a market cap of $87 million, which is even lower than the value of the Bitcoin it holds, purchased at an average price higher than its current price. However, it is difficult to miss Fried's great optimis ...
ZOOZ Reports Preliminary 2025 Financial Information, Cash and Bitcoin Positions and Additional Corporate Updates
Globenewswire· 2026-01-20 14:00
TEL AVIV, Israel, Jan. 20, 2026 (GLOBE NEWSWIRE) -- ZOOZ Strategy Ltd. (Nasdaq and TASE: ZOOZ) today announced its cash and debt positions as of December 31, 2025 (preliminary, unaudited and unreviewed), Bitcoin purchased and held and sales made under its “at the market offering” (ATM) program, in each case, as of such date, as well as additional corporate updates. The Company expects to file its audited financial statements for the year ended December 31, 2025 in March 2026. Cash and debt positions Cash po ...
ZOOZ Strategy Ltd. Annual Shareholder Letter
Globenewswire· 2025-12-31 21:05
Core Viewpoint - ZOOZ Strategy Ltd. has transformed from a kinetic energy storage company to a dual-listed entity on Nasdaq and TASE, adopting Bitcoin as its primary treasury reserve asset, reflecting a strategic shift in response to global economic changes [1][2]. Strategic Overview - The transition to a Bitcoin standard positions the company as a bridge between traditional capital markets and the emerging digital asset economy, aiming to maximize shareholder value [2]. - Management expresses strong conviction in Bitcoin as a premier store of value, viewing it as reliable collateral that is open, neutral, and censorship-resistant [3]. Market Dynamics - Recent market dynamics indicate a maturing asset class, with potential for broad institutional adoption and increasing scarcity of Bitcoin, suggesting a multi-decade growth story [4]. - The company believes that as global liquidity expands, Bitcoin will serve as both a hedge and a vehicle for asymmetric upside [4]. Strategic Pillars for 2026 - The company plans to execute a four-part strategy to enhance shareholder value: 1. **Optimization of Legacy Operations**: Reducing costs in the kinetic energy storage business to focus on Bitcoin treasury [7]. 2. **Improved Transparency**: Launching a Treasury Dashboard to provide clear insights into Bitcoin holdings and their value per share [7]. 3. **Yield Generation**: Identifying low-risk opportunities to earn yield from Bitcoin and cash positions without diluting shareholder value [7]. 4. **Strategic Expansion**: Exploring cash-flowing businesses within the Bitcoin ecosystem to enhance operating cash flow [7].
ZOOZ Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-12-22 21:30
TEL AVIV, Israel, Dec. 22, 2025 (GLOBE NEWSWIRE) -- ZOOZ Strategy Ltd. (Nasdaq and TASE: ZOOZ) (“ZOOZ” or the “Company”) announced today that the Company received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), dated December 16, 2025, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Th ...
ZOOZ Launches New Dashboard And Cuts Costs
Prnewswire· 2025-12-16 13:46
Core Insights - ZOOZ Strategy is launching an interactive dashboard to provide real-time access to key market data, enhancing transparency and understanding of the company's operations and financial position [1][2][3] Group 1: Dashboard Features - The dashboard will display stock performance, market trends, KPIs, and milestone achievements, serving as a streamlined tool for stakeholders [2] - The launch of the dashboard aligns with ZOOZ's efforts to reduce expenditures ahead of the 2026 fiscal year, supporting efficiency goals and strengthening operational foundations [2] Group 2: Company Strategy - ZOOZ is the first dual-listed company on Nasdaq and TASE implementing a long-term Bitcoin treasury strategy, aiming to provide shareholders with long-term exposure to Bitcoin while adhering to financial and regulatory standards [3] - The company emphasizes its commitment to transparency and strategic decision-making, as articulated by CEO Jordan Fried [3]
ZOOZ Strategy Announces a $50 Million Share Repurchase Program, Subject to Meeting Regulatory Requirements
Globenewswire· 2025-11-03 13:30
Core Viewpoint - ZOOZ Strategy Ltd. has announced a share repurchase program to buy back up to $50 million of its outstanding ordinary shares over a 12-month period, aiming to enhance shareholder value while pursuing its Bitcoin treasury strategy [1][2][3]. Group 1: Share Repurchase Program - The Board of Directors has approved a share repurchase program for up to $50 million, which will be executed in compliance with regulatory requirements [1]. - The program allows for flexibility in repurchasing shares through various methods, including open market purchases and negotiated transactions [1]. - The company is not obligated to repurchase a specific number of shares and can suspend or discontinue the program at its discretion [2]. Group 2: Bitcoin Strategy - ZOOZ aims to acquire the largest Bitcoin position in the Middle East, indicating that repurchasing shares may sometimes yield better returns than other investments [3]. - As of October 30, 2025, the company holds 1,036 Bitcoin valued at approximately $116.82 million [3]. - ZOOZ is positioned as a pioneer in holding Bitcoin as a strategic asset, providing shareholders with long-term exposure to Bitcoin while adhering to financial and regulatory standards [4].
ZOOZ Expands Its Bitcoin Treasury to 1,036 Bitcoin Following Additional Purchase
Prnewswire· 2025-10-28 12:30
Core Insights - ZOOZ Strategy Ltd. has acquired an additional 94 Bitcoin at an average price of $112,000 per Bitcoin, totaling approximately $10 million, bringing its total Bitcoin holdings to 1,036 Bitcoin [1][3] - The company's strategy reflects its commitment to integrating Bitcoin as a core treasury asset, making it the first dual-listed company on Nasdaq and TASE to do so [2][4] - Since launching its Bitcoin treasury strategy in July 2025, ZOOZ has invested approximately $115 million in acquiring a total of 1,036 Bitcoin [3] Company Strategy - ZOOZ is pioneering a long-term Bitcoin treasury strategy, positioning itself as a bridge between traditional capital markets and the Bitcoin economy [2][3] - The company aims to provide investors with direct Bitcoin exposure denominated in New Israeli Shekels (NIS), offering a unique opportunity in the capital markets [2][4] - CEO Jordan Fried emphasized the belief in Bitcoin as a resilient store of value and a cornerstone of sound financial strategy [3] Financial Overview - The total acquisition value for ZOOZ's Bitcoin holdings is approximately $115 million, reflecting a significant investment in digital assets [3] - The recent purchase of 94 Bitcoin adds to the company's growing treasury, reinforcing its financial strategy [1][3]
ZOOZ Purchases 88 More Bitcoin, Growing Its Total Bitcoin Treasury to 942 Bitcoin
Globenewswire· 2025-10-16 12:30
Core Insights - ZOOZ Power Ltd. has completed the purchase of 88.888 Bitcoin at an average price of $112,500 per Bitcoin, totaling $10 million, bringing its total Bitcoin treasury to approximately 942 Bitcoin [1][4]. Company Strategy - This acquisition marks a significant step in ZOOZ's long-term institutional Bitcoin treasury strategy, positioning the company as a pioneer in offering direct Bitcoin exposure on both Nasdaq and the Tel Aviv Stock Exchange (TASE) [2][5]. - The CEO of ZOOZ emphasized the company's goal to hold Bitcoin as a core financial asset, viewing it as a strategic store of value that protects capital during financial volatility [3]. Financial Overview - Since adopting its Bitcoin treasury strategy in July 2025, ZOOZ has acquired a total of approximately 942 Bitcoin, reflecting a swift and strategic execution of its investment plan [4].
ZOOZ Purchases 329 Bitcoin valued at $40 Million, Bringing Total Holding to 854 Bitcoin Valued at More than $100m
Prnewswire· 2025-10-06 12:30
Core Insights - ZOOZ Power Ltd. has completed an additional purchase of 329 Bitcoin for approximately $40 million, increasing its total Bitcoin holdings to 854 Bitcoin valued at over $100 million, marking a significant advancement in its Bitcoin treasury reserve strategy [1][2] - The company aims to transform into an institutional-quality Bitcoin treasury, focusing on long-term holding of Bitcoin to provide investors with exposure to the Bitcoin asset class through ZOOZ equity [2] - ZOOZ is the first dual-listed company on Nasdaq and TASE implementing a long-term strategic Bitcoin treasury, positioning itself as a pioneer in capital allocation and offering shareholders potential long-term asymmetric upside through direct Bitcoin exposure [3] Bitcoin Purchases - To date, ZOOZ has purchased a total of 854 Bitcoin for an aggregate consideration of $100 million, funded by the net proceeds from a private placement announced on July 29, 2025 [2]
Zooz Completes $60 Million Bitcoin Purchase
Prnewswire· 2025-09-30 15:23
Core Insights - ZOOZ Power Ltd. has initiated a bitcoin treasury reserve strategy, marking a significant shift in its capital allocation approach [1][6] - The company successfully closed a private placement, raising net cash proceeds of $159 million, with approximately 95% allocated for bitcoin acquisition [5][3] - ZOOZ has purchased approximately 525 bitcoins for a total of $60 million, officially launching its treasury program [1][3] Financial Highlights - The private placement was initially announced on July 29, 2025, and received shareholder approval on September 19, 2025 [1] - The company filed a shelf registration statement allowing it to raise up to $1 billion in additional capital [1] - The financing includes $5 million from the July 2025 PIPE and the potential for an additional $3 million [5] Strategic Direction - ZOOZ aims to deploy capital efficiently into bitcoin and provide clear BTC-per-share reporting to investors [2] - The company emphasizes disciplined risk management to ensure market understanding of its long-term intentions [2] - The board of directors has been reconstituted with new appointments following shareholder approval [5] Market Position - ZOOZ is the first dual-listed company on Nasdaq and TASE implementing a long-term strategic bitcoin treasury [6] - This innovative approach is expected to position ZOOZ as a pioneer in capital allocation, providing shareholders with long-term exposure to bitcoin [6]