ZOOZ Strategy (NASDAQ:ZOOZ) finished 2025 with a significantly bolstered balance sheet and a clean debt profile, reflecting the company’s aggressive transition from energy storage to a Bitcoin-anchored holding company.
The Tel Aviv-based company, formerly known as ZOOZ Power, reported preliminary, unaudited cash and cash equivalents of $27.1 million as of Dec. 31, a nearly fourfold increase from the $7.5 million reported a year earlier.
The liquidity surge follows a transformative year in which the company adopted a Bitcoin treasury strategy, accumulating 1,046 Bitcoin for an aggregate consideration of $121.9 million—an average price of $112,745 per token.
To fund the pivot and strengthen its capital structure, ZOOZ raised approximately $3.99 million through at-the-market (ATM) equity programs and successfully retired $3.15 million in outstanding promissory notes.
As part of its ongoing restructuring, the company disclosed on Tuesday that board members Dr. Samer Haj-Yehia and Fang Zheng have stepped down for personal reasons.
In response, the board has reduced its size from eight members to six, effective Jan. 20, 2026.
While the company's legacy flywheel energy business saw no new system sales in the second half of 2025, management indicated it is exploring new cash-flowing opportunities within the Bitcoin ecosystem to complement its digital asset holdings.
Full audited financial results are expected to be released in March.