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NASDAQ-listed Company ZOOZ Spends Approximately $60 Million to Purchase 525 Bitcoins
Summary: According to reports, NASDAQ-listed company ZOOZ has announced the completion of its first 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 funding, with plans to allocate 95% towards long-term Bitcoin reserves. Additionally, ZOOZ has ...
According to reports, NASDAQ-listed company ZOOZ has announced the completion of its first 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 funding, with plans to allocate 95% towards long-term Bitcoin reserves. Additionally, ZOOZ has submitted an F-3 form to the U.S. Securities and Exchange Commission, intending to raise up to $1 billion for business development. Strategic investors include Pantera Capital, FalconX, and other institutions.
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Link: NASDAQ-listed Company ZOOZ Spends Approximately $60 Million to Purchase 525 Bitcoins [Copy]
