Zooz’s Bitcoin Treasury Play Faces Nasdaq Delisting Clock
ZOOZ Strategy, an Israel-based firm dual-listed on Nasdaq and the Tel Aviv Stock Exchange, has received a Nasdaq notice for failing to maintain the $1 minimum share price, risking delisting unless it regains compliance within 180 days. The company may consider a reverse share split to boost its share price. ZOOZ uses a long-term Bitcoin treasury strategy, currently holding 1,036 BTC to provide shareholders exposure to Bitcoin. Despite initial investor interest, its stock has fallen below the required threshold, though the notice does not result in immediate delisting and the company’s operations remain unaffected for now. Similar price-deficiency notices have been issued to other Bitcoin treasury-focused companies like KindlyMD and Digital Currency X Technology. However, other firms such as Metaplanet and Strategy continue to expand Bitcoin holdings and navigate regulatory pressures successfully.
