Story thread · 2 reports / 2 sources
Chinese InsurTech Firm Zhibao Adds 2,380 Bitcoin in $154.7M Treasury Pivot
decrypt.co · 1h

The Shanghai-based InsurTech firm closed a $154.7 million private placement funded entirely in crypto, with investors contributing Bitcoin directly rather than cash.
First report: Zhibao Technology completes $154.7M Bitcoin-funded private placement, will hold BTC in treasury — cryptobriefing.com, 1d
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