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Public company ZOOZ has spent approximately $60 million to acquire 525 Bitcoins.
Odaily News ZOOZ, a publicly listed company, announced the completion of its initial purchase of 525 Bitcoins, with a total value of 60 million USD and an average purchase price of approximately 114,000 USD per coin. The company has secured 159 million USD in private sale financing, planning to allocate 95% for long-term Bitcoin reserves. Additionally, ZOOZ has submitted Form F-3 to the SEC to raise up to 1 billion USD for business development. Strategic investors include renowned institutions such as Pantera Capital and FalconX.