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Business

ZOOZ Power Announces $180 Million Private Placement to Launch Bitcoin Reserve Strategy (Crypto Treasury Management)

ZOOZ Power Announces $180 Million Private Placement to Launch Bitcoin Reserve Strategy (Crypto Treasury Management)

ZOOZ Power (NASDAQ, TASE: ZOOZ) has announced a $180 million PIPE deal to support its new Bitcoin reserve strategy, becoming the first company dual-listed on NASDAQ and TASE to hold Bitcoin. The board appointed crypto entrepreneur Jordan Fried as CEO to lead this digital asset initiative, while Erez Zimmerman continues to head the company’s energy tech division. Backed by investors like Pantera Capital and FalconX, this move marks the largest capital raise for a digital asset strategy by a non-U.S. public firm.

Business Delegation to Albania

Business Delegation to Albania

The Ministry of Energy and Infrastructure, in collaboration with EnergyCom.IL, Israel's energy innovation community, and with the Israeli embassy in Tirana, has led a pioneering business delegation to Tirana, Albania.