Listed company ZOOZ announced it completed its first purchase of 525 bitcoins
On September 30, ZOOZ Power Co., Ltd. announced today (September 30) that it had completed the first purchase of 525 bitcoins, with a total value of US$60 million, and an average purchase price of approximately US$114,000 per coin. The company has received $159 million in private equity financing and plans to use 95% of it for long-term Bitcoin reserves. In addition, ZOOZ has filed an F-3 form with the Securities and Exchange Commission, planning to raise up to another US$1 billion to promote business development. Strategic investors include well-known institutions such as Pantera Capital and FalconX.
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