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Zhibao Technology raises $154.7 million in financing to acquire an additional 2,380 Bitcoins
2026-08-19 22:20:22
According to CoinMeta, Zhibao Technology, a Chinese insurance technology company listed on NASDAQ, raised $154.7 million through a PIPE financing to acquire an additional 2,380 bitcoins. Investors transferred the BTC directly into the company's wallet, rather than in cash. Director Ma Botao described this financial move as one of the “most transformative moments” in the company’s ten-year history.
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