--- title: "Zhibao, listed on Nasdaq, aiming for Bitcoin treasury by selling $220M in stock for BTC; Shanghai insurance-tech firm trading below $1 to accept BTC for new shares." type: "News" locale: "en" url: "https://longbridge.com/en/news/293663644.md" description: "An insurance technology company headquartered in Shanghai, which is currently trading below $1, is planning to create a bitcoin treasury. The company aims to achieve this by accepting Bitcoin as payment for new shares issued. This strategic move indicates the company's willingness to venture into cryptocurrency investments and diversify its asset holdings." datetime: "2026-07-23T20:14:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293663644.md) - [en](https://longbridge.com/en/news/293663644.md) - [zh-HK](https://longbridge.com/zh-HK/news/293663644.md) generator: "portal-rs" --- # Zhibao, listed on Nasdaq, aiming for Bitcoin treasury by selling $220M in stock for BTC; Shanghai insurance-tech firm trading below $1 to accept BTC for new shares. An insurance technology company headquartered in Shanghai, which is currently trading below $1, is planning to create a bitcoin treasury. The company aims to achieve this by accepting Bitcoin as payment for new shares issued. This strategic move indicates the company's willingness to venture into cryptocurrency investments and diversify its asset holdings. ### Related Stocks - [ZBAO.US](https://longbridge.com/en/quote/ZBAO.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) ## Related News & Research - [Polygon CEO Triggers Crypto Community With Vacation Take and Schools Critics](https://longbridge.com/en/news/298116277.md) - [Liquid Network Recovers 85% Of Stolen Bitcoin After Hackers Demand A Security Fix Before Returning Most Funds](https://longbridge.com/en/news/298258280.md) - [ProCap Financial sells 50 Bitcoin to repurchase shares at 40% discount](https://longbridge.com/en/news/297963677.md) - [AsiaStrategy enters bitcoin-collateralized credit facility with institutional counterparty in Asia](https://longbridge.com/en/news/298299386.md) - [Bybit upgrades Bitcoin staking vault with a 1.2% guaranteed return](https://longbridge.com/en/news/298058233.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**