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InsurTech firm Zhibao acquires 2,380 Bitcoin in $154.7M treasury shift, funding sourced in crypto from investors.

Unusual Whales
Aug 19, 2026 at 01:33 PM
The InsurTech company headquartered in Shanghai recently completed a private placement, raising a substantial $154.7 million. Interestingly, the entire funding was obtained in cryptocurrency, with investors opting to contribute Bitcoin instead of traditional cash.

Source: Unusual Whales The copyright of this article belongs to the original author/organization.

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