Organization and Description of Business |
12 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Organization and Description of Business [Abstract] | |
| Organization and description of business | Note 1 – Organization and description of business
Zeta Network Group (formerly known as Color Star Technology Co., Ltd., the “Company”, or “Zeta”) is a digital company which engages in cryptocurrency mining via its wholly-owned subsidiary, Model Queen Limited (“Model Queen”).
On June 29, 2025, the Company changed its name from “Color Star Technology Co., Ltd.” to “Zeta Network Group.”
CACM Group NY, Inc.
On August 20, 2018, CACM Group NY, Inc. (“CACM”) was incorporated in the State of New York and is 100% owned by the Company. Prior to September 2023, the Company is using CACM as its headquarters and as a holding company in the United States of America. Starting in September 2023, CACM has begun to provide minimal construction management consulting services.
Color Metaverse Pte. Ltd.
On February 21, 2022, Color Metaverse Pte. Ltd. (“Color Metaverse”), a private company limited by shares, was incorporated in Singapore and is wholly established and owned by the Company. Color Metaverse had not commenced operations since its incorporation. On May 29, 2025, Color Metaverse was struck off the register.
Color Star Technology Ohio Inc.
On August 11, 2022, Color Star Technology Ohio Inc. (“Color Star Ohio”) was incorporated in the State of Ohio and is 100% owned by the Company. As of the date of this report, Color Star Ohio has not commenced operations.
Color Star DMCC
On January 23, 2023, Color Star DMCC (“DMCC”) was incorporated in the United Arab Emirates with share capital of AED 50,000 divided into 50 Shares of AED 1,000 nominal value and is 100% owned by the Company. DMCC was established to carry out the music industry business and its online cultural entertainment platform, Color World, after the disposition of Color Sky Entertainment Limited (“Color Sky”) in January 2023. On December 31, 2025, the Company entered into a share sale and purchase agreement with a third party to dispose of its 100% ownership interest in DMCC. The transfer of shares has been completed on January 5, 2026. The disposal of DMCC was accounted for as a discontinued operation because it represented a strategic shift that had a major effect on the Company’s operations and financial results in accordance with ASC 205-20-45 (see Note 3).
Model Queen Limited
On August 9, 2023, Model Queen Limited (“Model Queen”) was incorporated in Hong Kong Special Administrative Region and is 100% owned by the Company. Model Queen was established to carry out the cryptocurrency mining business by providing hash calculations to the mining pool using its mining equipment hosted and operated by a third-party service provider. |