Zeta said the timing of the new transaction reflected the firm’s “conviction in Bitcoin’s long-term fundamentals” | Source: Pexels. Key Takeaways Zeta Network Group announced a $230.8 million private placement payable in Bitcoin. The announcement follows a $15 million direct offering completed on October 9. The investment comes just days after the Oct. 10 crypto market flash crash. Zeta Network Group, formerly known as Color Star, announced via press release on Oct.15 that it had entered into a se ...