Bitcoin investor ZOOZ Strategy faces Nasdaq delisting risk

ZOOZ Strategy (ZOOZ), a Nasdaq-listed company that pivoted from electric vehicle charging infrastructure to Bitcoin investment, is at risk of being delisted, Cointelegraph reported. The company has failed to meet listing requirements as its share price has remained below $1. ZOOZ could face delisting procedures if its stock does not close at or above $1 for 10 consecutive trading days by June 15, 2026. The company is reportedly considering a reverse stock split to reduce outstanding shares and boost its per-share price to regain compliance. ZOOZ currently holds 1,036 BTC.