Zeta Network Group, a Nasdaq-listed company under the ticker ZNB, has successfully completed a $231 million private investment in public equity (PIPE) financing. The entire funding was conducted using Bitcoin (BTC) or SolvBTC, a token pegged 1:1 to Bitcoin and issued by Solv Protocol. The PIPE includes common stock and warrants, with the transaction expected to close on October 16. The proceeds will be used to strengthen the company's balance sheet and digital asset reserves.
Zeta Network Group Completes $231 Million PIPE Financing in BTC
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