Zooz Power, a Nasdaq-listed (ZOOZ) electric vehicle charging infrastructure company, has secured $5 million through a private placement. This investment will fuel their previously announced strategy to invest in Bitcoin (BTC). Strategic Bitcoin Reserve Last month, Zooz Power revealed ambitious plans to raise $180 million specifically to establish a Bitcoin reserve. This latest $5 million injection marks the initial step in realizing that vision. The company believes that incorporating Bitcoin into its treasury strategy will diversify its assets and potentially enhance long-term value. Future of EV Charging and Crypto Zooz Power's move reflects a growing trend of companies exploring the intersection of technology and digital assets. It remains to be seen how this strategic decision will impact the company's performance and the broader EV charging landscape. ```