Zeta Network is embarking on a significant expansion of its financial reserves by utilizing Bitcoin as a cornerstone. The organization announced that it has secured an investment worth $231 million through SolvBTC, aimed at enhancing its financial capabilities.
Summary
Zeta Network has successfully obtained a $231 million investment backed by Bitcoin via SolvBTC, which is a yield-generating wrapped Bitcoin token. This agreement includes Class A shares and one-for-one warrants priced at $1.70 per unit, with each warrant exercisable for $2.55. The company emphasized that this move not only fortifies its balance sheet but also highlights its enduring trust in the fundamental strengths of Bitcoin.
According to an announcement dated October 15th, Zeta Network Group has finalized a securities purchase agreement for private equity investments amounting to approximately $230.8 million.
The structure of the deal specifies that the funds will be provided to Zeta not in U.S dollars but either in Bitcoin (BTC) or SolvBTC—a yield-generating token backed by Bitcoin. This capital boost is anticipated to conclude on October 16th and will be used for acquiring company shares and warrants, thereby directly augmenting Zeta’s treasury with an institutional-grade digital asset.
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Bitcoin-backed strategy strengthens Zeta’s treasury approach
Under this private placement arrangement, Zeta Network is issuing Class A ordinary shares along with one-for-one warrants—each exercisable at $2.55 per share. These securities are being offered together at $1.70 per unit, providing investors both equity exposure and potential long-term valuation gains from Zeta’s growth prospects.
Zeta Network describes this initiative as a prudent counter-cyclical strategy reinforcing their belief in the lasting fundamentals of Bitcoin. By accepting payment through a mechanism backed by Bitcoins’ intrinsic value and scarcity amid market fluctuations, they align their treasury accordingly
“By integrating SolvBTC into our treasury portfolio we enhance financial resilience using an instrument combining Bitcoins’ scarcity with sustainable yields,” stated Patrick Ngan Chief Investment Officer at ZETA NETWORK GROUP
According To Company Sources Solv BTC Represents New Category Of Financial Instruments Bridging Corporate Treasury Management With On Chain Infrastructure Needs . Each Token Is Fully Collateralized At Ratio One To One Against BitCoin Held Under Regulated Custody And Verified OnChain Offering Transparent Compliant Solutions For Institutional Applications Beyond Passive Holdings
Meanwhile ,ZETA NETWORK Focuses On Developing Institutional Finance Platforms Centered Around BITCOIN Integrating Digital Asset Treasury Management Liquidity Aggregation Sustainable Mining Operations Within Regulatory Frameworks Provided By NASDAQ Listing
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