Zeta Network is using Bitcoin as the foundation for a major expansion of its treasury. The company said it leveraged SolvBTC to secure a $231 million investment dedicated to scaling its financial resources.
Summary
- Zeta Network secured a $231 million Bitcoin-backed investment through a private placement using SolvBTC, a yield-generating wrapped Bitcoin token.
- The deal involves Class A shares and one-for-one warrants sold at $1.70 per unit, with each warrant exercisable at $2.55.
- The company said the move strengthens its balance sheet and underscores its long-term confidence in Bitcoinโs fundamentals.
According to a press release dated Oct. 15, Zeta Network Group has entered into a securities purchase agreement for a private investment in public equity totaling approximately $230.8 million.
Per the dealโs structure, the proceeds will be paid to Zeta not in U.S. dollars but in either Bitcoin (BTC) or SolvBTC, a Bitcoin-backed yield-generating token. This capital infusion, expected to close on Oct. 16, will be used to acquire company shares and warrants, directly expanding Zetaโs treasury with a digital asset designed for institutional use, the company said.
Bitcoin-backed structure reinforces Zetaโs treasury strategy
Under the terms of the private placement, Zeta Network is issuing Class A ordinary shares and one-for-one warrants, each exercisable at $2.55 per share. The securities are being sold together at a combined price of $1.70 per unit, creating a structured financing mechanism that gives investors both equity exposure and an option on Zetaโs long-term valuation.
Zeta Network framed this move as a disciplined, counter-cyclical strategy that strengthens its conviction in Bitcoinโs long-term fundamentals. By accepting a Bitcoin-backed instrument as payment, the company is aligning its treasury with the digital assetโs perceived value and scarcity, even amid recent market volatility.
โBy integrating SolvBTC into our treasury, weโre enhancing financial resilience with an instrument that combines Bitcoinโs scarcity with sustainable yield. Itโs a measured, institutional approach to growth,โ Patrick Ngan, Chief Investment Officer at Zeta Network Group, said.
According to the company, SolvBTC represents a new class of Bitcoin-based financial instrument aimed at bridging the gap between corporate treasury management and on-chain infrastructure.
Each SolvBTC token is fully collateralized 1:1 with Bitcoin, which is held under regulated custody. Its reserves are verified on-chain, offering a structure designed for institutional treasury applications where transparency and compliance are paramount. This provides a mechanism for companies to gain Bitcoin exposure while potentially earning yield, moving beyond passive holding.
Meanwhile, Zeta Network is building a Bitcoin-centric institutional finance platform. The company said its operations are designed to integrate digital-asset treasury management, Bitcoin liquidity aggregation, and sustainable mining operations, all within the regulated framework provided by its Nasdaq listing.
