Zeta Network shares surge 11.32% premarket as Bitcoin rally and crypto mining pivot drive gains.

Zeta Network (ZNB.US) surged 11.32% in premarket trading following a significant rise in Bitcoin prices, which the company’s stock has become closely correlated with after its strategic rebranding to focus on cryptocurrency mining. The stock’s sharp increase aligns with Bitcoin’s recent upward trajectory, as the firm transitioned from its former identity as Color Star Technology and shifted toward crypto-related operations. The company’s rebranding and code change, coupled with its positioning as an indirect beneficiary of Bitcoin’s market performance, have drawn investor attention, amplifying sensitivity to movements in the cryptocurrency. Recent reports highlighted Zeta Network’s stock rising over 25% alongside Bitcoin, underscoring the direct linkage between its equity value and the digital asset’s volatility. This alignment positions the stock as a proxy for crypto market exposure, driving premarket gains amid renewed Bitcoin momentum.