Zeta Network Group (NASDAQ: ZNB) has successfully completed a $230.8 million private placement involving Class A shares and warrants, with the proceeds to be paid in Bitcoin or SolvBTC, a fully BTC-backed token. The transaction is scheduled to finalize on October 16, 2025, and is designed to bolster the company's balance sheet.
This strategic move reflects Zeta Network Group's commitment to prudent financial management amid ongoing market volatility. By utilizing BTC-backed income-generating instruments, the company aims to enhance its financial stability and resilience.
Zeta Network Group Finalizes $230.8M BTC-Backed Investment
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