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Nasdaq listed Zhibao plans 3,500 Bitcoin treasury through proposed PIPE

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crypto.news Editorial

(08:26 AM UTC)

1 min read

Updated byDavid Kim

820 views

0 comments

Zhibao Technology has signed a non-binding agreement that could bring about 3,500 Bitcoin, valued at roughly $220 million, onto its balance sheet through a proposed stock sale paid in BTC.

Summary

Zhibao has signed a non binding agreement to receive about 3,500 Bitcoin through a proposed $220 million stock sale.
The proposed deal would give the…

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