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Zhibao Acquires 2,380 BTC in $154.7M Deal, New Owners to Steer Company Toward Bitcoin-Focused Treasury Growth

Guavy AI Editorial Team
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Shanghai-based Nasdaq-listed insurance technology company Zhibao Technology Inc. (NASDAQ: ZBAO) has closed its private investment in public equity (PIPE) financing, taking in 2,380 Bitcoin as full payment for the deal.

The $154.7 million deal values each BTC at a reference price of $65,000 per coin, tied to prevailing market prices as of July 30, 2026.

The company disclosed the closing in a Form 6-K report filed with the U.S. Securities and Exchange Commission (SEC) on August 17, 2026.

New owners will control Zhibao, likely steering strategy toward Bitcoin-focused treasury growth.

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