ZOOZ Power Boosts Bitcoin Holdings with $10 Million Purchase

The Nasdaq and Tel Aviv-listed company adds 88.888 BTC, raising total reserves to about 942 BTC.

BTC

Summary

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Terms & Concepts
  • BTC (Bitcoin): The first and largest cryptocurrency, operating on a decentralized peer-to-peer network without a central authority.
  • Bitcoin Reserves: The total amount of Bitcoin held by an entity as part of its digital asset portfolio.
  • Average Purchase Price: The mean value paid per unit of Bitcoin in a specific transaction, calculated by dividing the total expenditure by the number of BTC acquired.