Zeta Network Group just pulled off one of those deals that makes you do a double take. The Nasdaq-listed company announced a $10 million private placement on July 29, with one notable twist: the entire transaction will be settled in approximately 156.65 Solv-BTC tokens, a 1:1 Bitcoin-backed asset valued at $63,835.08 per token. Zeta completed a substantially larger $231 million private placement settled in Bitcoin and Solv-BTC back in October 2025. Reverse split and Nasdaq housekeepingJust two days before the private placement news dropped, Zeta executed an 8-for-1 reverse share split on July 27. The $2.93 per-share price in the private placement reflects the post-split pricing.