Zeta Network Expands Treasury with $231 Million Bitcoin-Backed Investment
Zeta Network is bolstering its financial resources with a significant Bitcoin-backed investment. The company has secured $231 million through a private placement using SolvBTC, a yield-generating wrapped Bitcoin token.
This deal involves Class A shares and one-for-one warrants, sold at $1.70 per unit. Each warrant can be exercised at $2.55.The proceeds will be paid in Bitcoin or SolvBTC,enhancing Zeta’s treasury with a digital asset tailored for institutional use.
The investment is set to close on October 16. It will be used to acquire company shares and warrants, directly expanding zeta’s treasury. This move strengthens the company’s balance sheet and shows its confidence in Bitcoin’s long-term value.
patrick Ngan, Chief Investment Officer at Zeta Network Group, said, “Integrating SolvBTC into our treasury enhances financial resilience. It combines Bitcoin’s scarcity with sustainable yield,offering a measured,institutional growth approach.”
SolvBTC is a new class of Bitcoin-based financial instrument. It bridges corporate treasury management and on-chain infrastructure. each SolvBTC token is fully collateralized with Bitcoin,held under regulated custody. Its reserves are verified on-chain, ensuring transparency and compliance.
Zeta Network is building a Bitcoin-centric institutional finance platform. It integrates digital-asset treasury management, Bitcoin liquidity aggregation, and sustainable mining operations within a regulated framework provided by its Nasdaq listing.
