The listed company ZOOZ announced the completion of its first purchase of 525 bitcoins

ChainCatcher news, ZOOZ Power Company announced the completion of its initial purchase of 525 bitcoins, with a total value of $60 million and an average purchase price of approximately $114,000 per coin. The company has secured $159 million in private placement financing, planning to use 95% for long-term bitcoin reserves. In addition, ZOOZ has submitted Form F-3 to the SEC, intending to raise up to $1 billion to advance business development. Strategic investors include well-known institutions such as Market News, FalconX, and others.