Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

Zhibao Technology Inc stories

Jul 31, 2026

Zhibao signs $154.7 million Bitcoin-funded PIPE agreement

Zhibao Technology Inc. (NASDAQ: ZBAO), an InsurTech company, announced on July 31, 2026 that it has signed a definitive Securities Purchase Agreement with non-U.S. investors for a private investment in public equity (PIPE) financing to be paid in Bitcoin, with investors contributing 2,380 Bitcoin for company shares.

Jul 31, 2026·3 sources
00

Top claims

  • ▪Current Chairman and Chief Executive Officer Botao Ma will remain as a director on Zhibao Technology Inc.'s Board of Directors.
  • ▪The closing of the PIPE transaction is scheduled to take place within 12 business days following the execution of the agreement on July 31, 2026.
  • ▪The transaction's Bitcoin consideration is valued at $65,000 per Bitcoin based on market prices from July 30, 2026.

Topics

Institutional crypto adoptionBitcoinBitcoin use cases

Related entities

United States

Featured Stories

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns

Aug 7, 2026·2 sources