Source: Decrypt ↗
Nasdaq-Listed Zhibao Wants a Bitcoin Treasury, Plans to Sell $220M in Stock for BTC
What the source reports
A Shanghai-based insurance-tech company trading below $1 wants to build a bitcoin treasury by taking BTC directly as payment for new shares.
Read the original report on Decrypt ↗Live market context
BTC Bitcoin
$65,078.04
-1.50% · 24h
9 supported listings
BASED Based
$0.0770
-9.17% · 24h
7 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →US hits 60 countries with new tariffs based on forced labour probe
Trump administration uses new legal bases to reinstate duties that were struck down by the Supreme Court
Bitcoin slides below $65K as Iran conflict fuels $100 oil and bond-yield surge
Bitcoin price forecasts diverge as US-Iran war tensions fueled an ongoing oil and bond-market surge, while July Fed rate-hike odds neared 40%.
Bitcoin treasury company erases 7.7M shares after selling 177 BTC – yet Bitcoin per share fell
The $11.7 million convert vanished, leaving a simpler capital stack and a tougher test for replacement funding.The postBitcoin treasury company erases 7.7M shares after selling 177 BTC – yet Bitcoin per share fellappeared first onCryptoSlate.