ZOOZ Power Co. has announced the acquisition of 525 Bitcoin, marking its first major cryptocurrency purchase. The transaction, completed at an average price of $114,000 per Bitcoin, amounts to a total investment of $60 million. This move is part of ZOOZ's strategy to allocate 95% of its recently secured $159 million in private financing towards long-term Bitcoin reserves. In addition to this purchase, ZOOZ has filed an F-3 form with the U.S. Securities and Exchange Commission, seeking to raise up to $1 billion to further its business objectives. Notable strategic investors in this initiative include Pantera Capital and FalconX, highlighting significant institutional interest in ZOOZ's expansion plans.