ZOOZ Power Ltd. (NASDAQ: ZOOZ), an Israel-based innovator in flywheel-based kinetic energy storage for ultra-fast EV charging, has undergone a transformative strategic shift by adopting Bitcoin as its primary treasury reserve. As of October 28, 2025, ZOOZ has acquired ~1,036 BTC for approximately US$115 million, funded through a US$180 million private placement. [PR Newswire] This positions ZOOZ as the first dual-listed (Nasdaq and TASE) company to implement a long-term Bitcoin treasury, per its announcements. [GlobeNewswire] This analysis advances a forward-looking investment thesis: ZOOZ’s Bitcoin treasury will drive a valuation rerating by 2028 through tokenized real-world asset (RWA) applications in EV infrastructure financing, potentially delivering up to 200% upside from current levels by bridging clean-energy assets with blockchain liquidity. This under-explored synergy—beyond simple BTC appreciation—positions ZOOZ to tokenize charging-station leases and energy credits, tapping into the US$200 billion EV-charging market’s growth.
The article proceeds as follows: An overview of the thesis, anchored in historical analogues from energy-sector adopters. Next, qualitative and quantitative evidence, featuring a sum-of-the-parts valuation. Then, risks and counterarguments, tempered by precedent. Finally, ZOOZ’s sector context and investor guidance.
Thesis Overview: Tokenized EV Assets as the Core Driver
ZOOZ’s integration of Bitcoin proceeds into RWA tokenization for EV-charging infrastructure represents the pivotal factor for long-term outperformance, potentially enabling fractional ownership of off-grid boosters that could reduce deployment costs through enhanced blockchain liquidity. This outcome is more plausible than not, given Bitcoin’s role as collateral for tokenized green bonds, aligning with ZOOZ’s ZOOZTER-100 technology for grid-limited sites. Historical analogues affirm this: In 2021, Tesla, Inc.’s BTC purchase, followed by energy-storage tokenization experiments, boosted its valuation multiple by ~30%, per Bloomberg. [Bloomberg] Similarly, SolarBank Corporation (SUUN) announced a Bitcoin-treasury strategy on June 3, 2025, inspiring an initial ~23% stock surge on the news, with subsequent revenue allocations to BTC highlighting energy-crypto synergies. [Investing.com]
Industry trends validate the thesis: The RWA market is projected to reach ~US$16 trillion by 2030, with energy assets comprising a meaningful share, according to a 2022 BCG/ADDX report. [BCG/ADDX] ZOOZ’s market cap of approximately US$355 million as of October 12, 2025, and ~56% insider ownership signal strong alignment with shareholder value creation. [GlobeNewswire] Unlike market focus fixated on ZOOZ’s treasury volatility, this thesis highlights blockchain’s potential competitive moat in EV-financing, an angle often overlooked amid 2025’s purchase announcements.
Supporting Analysis: From Reserves to Revenue Synergies
Qualitatively, ZOOZ’s partnership with Crypto.com for OTC trading and custody ensures efficient BTC acquisition and management, freeing capital for tokenizing flywheel leases on platforms like Ethereum, potentially attracting DeFi investors to fund 10 GW of global EV chargers by 2028. [Crypto.com] This could create a flywheel: BTC appreciation funds pilots, tokenized yields subsidize installations, enhancing ZOOZ’s ~38-employee R&D edge. Quantitatively, a sum-of-the-parts (SOTP) valuation quantifies the uplift under illustrative assumptions. Core EV ops: US$ 5 million annual revenue by 2027 at 20% margins (based on IEA STEPS forecast), discounted at 15% WACC (micro-cap beta 2.0, 4% risk-free rate) → EV ≈ US$ 25 million. BTC treasury: 1,036 BTC at US$120,000 average (conservative 20% CAGR from Oct 2025 levels), plus 5% annual additions from operations → total ≈ US$ 200 million by 2028. Aggregated enterprise value: ≈ US$ 225 million, or US$ 18.50/share versus US$ 2.19 current — assuming no major dilution.
SOTP suits ZOOZ’s hybrid model, blending volatile BTC with stable energy cash flows; weaknesses such as high BTC correlation (beta ~0.85) are mitigated in the scenario by diversification caps at ~95% treasury allocation. Benchmarking against Tesla’s post-adoption multiples yields a comparable framework. In the EV-charging space, peers like ChargePoint Holdings, Inc. (CHPT) trade at ~4× forward sales without tokenization; ZOOZ’s crypto-financed edge could capture ~2% of the US$ 39 billion 2025 charging-market, per IEA. [IEA]
| Company | Treasury Adoption Date | Stock Premium Post-Pivot | Synergy Example |
|---|---|---|---|
| ZOOZ (Thesis) | 2025 | Up to ~200% by 2028 (Illustrative) | Tokenised Chargers |
| SolarBank (SUUN) | Jun 2025 | ~23% initial surge | Solar RWAs |
| Tesla (TSLA) | Feb 2021 | ~30% multiple uptick | Energy Token Pilots |
(Source: Author calculations; data from Yahoo Finance and company filings.)
Risks and Counterarguments: Volatility and Execution Challenges
Skeptics highlight ZOOZ’s micro-cap status and liquidity risks — average volume and free-float could amplify drawdowns post-PIPE in July 2025. Bitcoin’s ~40% YTD volatility could impair the treasury, mirroring similar corporate exposures. [Forbes] High short interest signals dilution fears from future equity raises. On the positive side, precedent shows energy-plus-crypto adopters can recover strongly if synergies deliver; ZOOZ’s current ratio and balance-sheet posture provide a baseline cushion.
Regulatory scrutiny in Israel and the U.S., including evolving U.S. Securities and Exchange Commission crypto-asset rules, poses execution risk. However, ZOOZ’s TASE compliance and Crypto.com OTC partner arrangement align with emerging frameworks like Europe’s MiCA. Down-side scenario: A 50% Bitcoin price collapse would reduce the treasury to ~US$ 100 million, capping shares at ~US$ 5 under conservative playback assumptions; however, the core EV business projected ~22% CAGR (Straits Research) helps mitigate pure-crypto downside, unlike firms that were purely crypto-exposed in 2022.
Sector Context: Pioneering in a Tokenised EV Boom
ZOOZ operates in the ~US$ 199 billion global EV-charging market by 2033, where flywheel-based tech addresses ~70% of sites’ grid-constraint issues (IEA). Peers such as ABB Ltd. (ABBNY) dominate hardware but currently lack large-scale tokenisation strategies; ZOOZ’s BTC-war-chest enables targeted infrastructure roll-out (including potential NYPA pilots). Macro tailwinds — U.S. NEVI funding (~US$ 5 billion) and the EU Green Deal — project ~150 million new chargers by 2030, with RWA tokenisation unlocking fresh infrastructure-financing bonds, per McKinsey. [McKinsey] Historically, 2021’s EV-crypto cross-overs out-performed the sector by ~200% (FactSet), a pattern that may repeat in 2025’s RWA-surge environment.
Forward-Looking Guidance: Milestones to Track
ZOOZ’s thesis supports upward momentum if tokenised pilots and treasury deployment execute as planned. Key catalysts to monitor: Q1 2026 announcements of RWA-platform partnerships, BTC-per-share metrics, operational rollout of ZOOZTER-100 systems, and dilution/leverage data. Given volatility, maintain a conservative position sizing (e.g., <1-2% of portfolio) while watching for potential entry points below ~US$ 1.50. As blockchain bridges TradFi gaps, ZOOZ exemplifies a hybrid innovation model — but execution will determine whether the pivot delivers real value.
Tags: ZOOZ Power, ZOOZ, EV charging stocks, Bitcoin treasury, BTC, tokenised RWAs, flywheel energy, clean-tech investing, micro-cap stocks, Nasdaq stocks, renewable-energy
Meta Description: Delve into ZOOZ Power Ltd. (ZOOZ)’s Bitcoin-treasury strategy and its tokenised EV-infrastructure synergies, projecting potential 200% upside in this comprehensive October 2025 investment analysis for discerning investors.
