The Bitcoin-backed shares of ZOOZ Strategy have been placed on Nasdaq's compliance watch list due to the bid price falling below 1 USD, raising the risk of delisting if they do not bounce back within six months. The company, currently listed on both Nasdaq and the Tel Aviv Stock Exchange, stated that it is following the situation and may consider a reverse stock split to boost the share price.
ZOOZ pursues a long-term Bitcoin treasury strategy and currently holds 1,036 BTC, providing shareholders with indirect exposure to Bitcoin. However, this has not prevented the stock price from falling below the regulatory threshold. According to Nasdaq rules, ZOOZ has until June 15, 2026, to maintain a minimum closing price of 1 USD for 10 consecutive trading sessions.
Listing pressure is spreading within the group of Bitcoin treasury companies, although some large enterprises like Strategy and Metaplanet continue to raise capital and expand their Bitcoin accumulation.
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ZOOZ's Bitcoin investment fund is facing the risk of delisting on Nasdaq.
The Bitcoin-backed shares of ZOOZ Strategy have been placed on Nasdaq's compliance watch list due to the bid price falling below 1 USD, raising the risk of delisting if they do not bounce back within six months. The company, currently listed on both Nasdaq and the Tel Aviv Stock Exchange, stated that it is following the situation and may consider a reverse stock split to boost the share price.
ZOOZ pursues a long-term Bitcoin treasury strategy and currently holds 1,036 BTC, providing shareholders with indirect exposure to Bitcoin. However, this has not prevented the stock price from falling below the regulatory threshold. According to Nasdaq rules, ZOOZ has until June 15, 2026, to maintain a minimum closing price of 1 USD for 10 consecutive trading sessions.
Listing pressure is spreading within the group of Bitcoin treasury companies, although some large enterprises like Strategy and Metaplanet continue to raise capital and expand their Bitcoin accumulation.