ZOOZ Power Plunges 7.33% Amid Bitcoin Treasury Reserve Plan

On July 30, 2025, ZOOZ Power experienced a significant drop of 7.33% in pre-market trading, marking a notable decline in its stock performance.

ZOOZ Power Ltd. has recently announced a $180 million private placement aimed at establishing a Bitcoin treasury reserve. This strategic move is part of the company's broader plan to enhance its financial stability and leverage the growing interest in cryptocurrencies. The appointment of a new CEO further underscores the company's commitment to executing this ambitious strategy.

Additionally, ZOOZ Power's stock has been under pressure due to broader market dynamics and investor sentiment. The company's decision to invest heavily in Bitcoin reflects its confidence in the long-term potential of digital assets, despite the current volatility in the market. This move is likely to attract attention from investors who are bullish on cryptocurrencies and see it as a strategic play to hedge against traditional market risks.