ZOOZ Pre-market Stock Plunges Over 34%, Market Cap Falls to $228 Million
BlockBeats News, November 3rd, the stock price of the publicly listed Bitcoin treasury company ZOOZ Strategy Ltd. plummeted over 34% in pre-market trading, with a market cap falling to $228 million.
On the news front, ZOOZ Strategy Ltd. announced today that its board of directors has approved the initiation of a stock buyback program, intending to repurchase up to a total of $50 million of the company's issued common stock, subject to applicable regulatory requirements. The stock buyback program has a duration of 12 months and the company may execute it on a non-periodic basis through various means, including open market purchases, negotiated transactions, or other methods in compliance with applicable laws. The company stated that the plan does not obligate it to repurchase a specific number of shares, and the company may decide to suspend or terminate the plan at any time at its discretion.
You may also like
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
