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Benzinga
Benzinga
Business
Akanksha Bakshi

Bitcoin Bet Ignites Rally: ZOOZ Becomes First Nasdaq–TASE Firm To Adopt Treasury Reserve Mode

Bitcoin Treasury Expansion

ZOOZ Power Ltd. (NASDAQ:ZOOZ, TASE: ZOOZ)) shares traded higher on Friday after it approved a Bitcoin treasury reserve. This makes it the first dual-listed company on Nasdaq and the Tel Aviv Stock Exchange to pursue this strategy.

The approval came at the company's extraordinary general meeting, where shareholders backed proposals tied to the financing, board changes, and amendments to its charter. ZOOZ expects to close the deal the week of Sept. 22, 2025, pending final documentation and customary conditions.

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