ZOOZ Power Ltd. Expands with $5 Million Initial Private Placement, Aiming to Launch Bitcoin Treasury Strategy
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ZOOZ Power Ltd. has raised $5 million in an initial private placement as part of a larger $180 million effort with accredited investors. This funding will support the company's Bitcoin treasury strategy, aiming to be the first dual-listed company on Nasdaq and TASE to adopt Bitcoin as a treasury asset. The initial funding was achieved at $2 per share, reflecting strong investor confidence in ZOOZ's vision for long-term shareholder value and financial innovation.
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