BlockBeats news, on October 15, according to chainwire reports, Zeta Network Group (NASDAQ: ZNB) today announced the signing of a securities purchase agreement to raise a total of $230,837,060.2 through a private sale. This issuance includes (1) Class A common stock; (2) warrants (each warrant can subscribe for one share of Class A common stock, with an exercise price of $2.55 per share), with the final issuance price for the combination of Class A common stock and warrants being $1.7 per unit. The total amount raised of $230,837,060.2 will accept payment in Bitcoin or SolvBTC. SolvBTC is a 1:1 pegged Bitcoin wrapped token issued by Solv Protocol, which serves as an on-chain Bitcoin reserve, providing institutional-level mechanisms for the productive application of Bitcoin holdings. This private sale is expected to be completed on October 16, 2025, subject to customary delivery conditions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: If BTC drops below $65,668, the total long liquidation strength on mainstream CEXs will reach $1.679 billion.
ChainCatcher reports that, according to Coinglass data, if BTC drops below $65,668, the total long liquidation strength on mainstream CEXs will reach $1.679 billion. Conversely, if BTC breaks through $72,454, the total short liquidation strength on mainstream CEXs will reach $742 million.
GateNews25m ago
STRC’s Monthly Preferred Dividend Rises to 11.5% for March 2026
Strategy chairman Michael Saylor used social media to announce a dividend adjustment at the Bitcoin treasury vehicle STRC. The company has raised the monthly distribution on STRC (EXCHANGE: STRC) to 11.50% for March 2026, up from 11.25%. STRC is a perpetual preferred stock with a variable yield
CryptoBreaking41m ago
Iran Conflict Not Major Concern For Bitcoin Mining Hashrate, Say Experts
In brief
Social media rumors argued that massive BTC dumps and hashrate collapse could follow the U.S.-Israel attacks on Iran.
Analysts and miners say Iran’s share of global Bitcoin mining is small and the impact limited.
War-driven volatility is tied more to price sentiment than supply n
Decrypt45m ago
BTC short-term decline of 0.81%: Futures long liquidation wave triggers passive selling and liquidity resonance, intensifying volatility
On 2026-03-02 from 17:30 to 17:45 (UTC), the BTC price experienced a significant fluctuation, with a period return of -0.81%. The price rapidly declined within the range of 68802.7 to 69447.1 USDT, with an amplitude of 0.93%. Trading volume during this period was significantly higher than the previous hour, indicating increased selling pressure and short-term volatility, which attracted widespread market attention.
The main driver of this fluctuation was large-scale forced liquidation of long positions in the futures market. Data shows that during this hour, the total forced liquidation amount for BTC futures contracts reached as high as $117 million, with a 24-hour cumulative total of 3.8
GateNews1h ago
