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BCH $260.92 +1.87%
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HYPE $85.53 -1.95%
AAVE $132.38 -0.17%
SUI $0.8265 +3.70%
XLM $0.1932 +5.45%
ZEC $1,161.15 -4.55%

The listed company ZOOZ Power raised $180 million through a share placement to launch a Bitcoin reserve treasury

2025-07-29 19:52:04

ChainCatcher news, according to GlobeNewswire, Nasdaq-listed company ZOOZ Power announced a PIPE stock offering to raise $180 million to launch its Bitcoin reserve treasury.

The company will sell 180 million shares of common stock and pre-funded warrants at a price of $1 per share, with participation from Pantera Capital, FalconX, Arrington Capital, UTXO Management, ATW Partners, and well-known Israeli investor Alex Rabinovitch, but this financing is still subject to shareholder approval.

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