ZOOZ Strategy (ZOOZ) said Wednesday its board has authorized management to explore strategic alternatives to potentially complement its bitcoin treasury strategy.
The review of strategic alternatives is designed to potentially supplement the company's value-creation projects and should not be seen as a reduction in its commitment to its bitcoin holdings, ZOOZ said.
The review of strategic alternatives may include potential business combinations, acquisitions, investments, operating businesses, partnerships, joint ventures, capital markets initiatives, and other deals, the company said.
ZOOZ shares were down fractionally in after-hours activity.
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