Zeta Network Group has announced a $231 million investment in Bitcoin through SolvBTC.

Zeta Network Group (NASDAQ: ZNB) announced the signing of a $230.83 million private placement agreement. The funds will be deposited in Bitcoin (BTC) or SolvBTC tokens—collateralized assets issued by the Solv Protocol. These tokens represent a 1:1 wrap of Bitcoin (BTC), fully backed by reserves, and intended for institutional investment.

According to the company's announcement, the transaction includes the purchase of Class A common stock and warrants with the right to purchase additional securities at a price of $2.55 per share. The combined offering price was $1.70 per share and warrant. The transaction is scheduled to close on October 16, 2025, subject to customary closing conditions.

This move strengthens Zeta Network Group's balance sheet and increases its net asset value by integrating a profitable, Bitcoin-backed instrument. The company emphasized that the decision was made during a period of market turbulence, demonstrating confidence in Bitcoin's long-term prospects and its countercyclical capital management strategy.

SolvBTC, the Solv Protocol's core product, is designed for corporate and treasury operations. Each token is fully backed by Bitcoin held by a regulated custodian and backed by public on-chain proofs of reserves. This ensures transparency and regulatory compliance while maintaining the ability to generate income from BTC positions.

According to Patrick Ngan, Chief Investment Officer at Zeta Network Group, integrating SolvBTC into the corporate treasury strengthens the company's financial resilience and combines Bitcoin's scarcity with the potential for stable income. He noted that this is an institutional and measured approach to growth. Solv Protocol CEO Ryan Chou stated that the partnership demonstrates how digital assets can become part of regulated capital markets, setting a new standard for corporate use of Bitcoin.

Source: cryptonews.net