Nasdaq-listed Zeta Network announced it has entered into a securities purchase agreement to raise $230,837,060.20 through the sale of Class A common stock and warrants. The proceeds will be paid in Bitcoin or SolvBTC, a wrapped BTC token. The transaction is expected to close on October 16, 2025, subject to customary closing conditions. The proceeds will be added to the company's balance sheet. (Prnewswire)