Gate News: On March 9, Nasdaq-listed Bitcoin treasury and digital infrastructure company Zeta Network Group (Nasdaq: ZNB) announced that the board has approved a 100-to-1 reverse stock split of its issued common shares, which is expected to take effect on March 12. The reverse split aims to increase the stock price to meet Nasdaq listing requirements and maintain its listing status. After the split, Zeta’s Class A common shares will be reduced from approximately 158 million shares to about 1.58 million shares, with the par value per share adjusted from $0.0025 to $0.25. Zeta Network Group has now transformed into a Bitcoin-focused fintech company, with operations including digital asset treasury management, Bitcoin liquidity aggregation, and Bitcoin mining. Previously, the company completed a $231 million funding round in October 2025 to strengthen its Bitcoin treasury strategy.
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