ZETA NETWORK GROUP (NASDAQ: ZNB) RAFFORZA IL BILANCIO CON UN INVESTIMENTO DI 231 MILIONI DI DOLLARI SOSTENUTO DA BITCOIN IN UN MOMENTO DI TURBOLENZA DEL MERCATO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2025
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Source: PRnewswire
Strategic PIPE Transaction: Zeta Network Group has announced a private placement agreement to raise approximately $230.8 million through the sale of Class A common stock and warrants, with proceeds payable in Bitcoin or SolvBTC, a Bitcoin-backed token.
Strengthening Financial Position: This transaction aims to enhance Zeta Network Group's balance sheet and net asset value, reflecting confidence in Bitcoin's fundamentals and a disciplined treasury management approach, particularly during market volatility.
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About ZNB
Zeta Network Group, formerly Color Star Technology Co., Ltd., is an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, and primarily provides services via its wholly owned subsidiaries, CACM Group NY and Color Star DMCC, Inc. The Company's ColorWorld Metaverse platform (Color World) is a metaverse with artificial intelligence + celebrity entertainment. Color World has been inviting many global superstar celebrities to join the platform to expand on the celebrity content by creating more celebrity masterclasses, online virtual performances, celebrity merchandise, games and so on.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
