In the past decade, interest in purchasing a home in Israel has grown & Bank Hapoalim identified this trend. Several branches operate departments dedicated to clients interested in buying property
The firm is advancing a 64-megawatt project in Afula and pursuing additional land acquisitions that could bring total planned bitcoin mining capacity to around 300 megawatts.
Trapped profits refer to undistributed profits on which “only” 23% company tax was paid. In many cases, the profits were plowed back into the business of the company concerned.
This is another milestone in strengthening ZOOZ’s position as one of the first companies globally to execute a long-term institutional Bitcoin treasury strategy