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The Nexus
BUSINESSJul 23 · 20:12 UTCDECRYPTJose Antonio Lanz

Nasdaq-Listed Zhibao Wants a Bitcoin Treasury, Plans to Sell $220M in Stock for BTC

Zhibao, a Nasdaq-listed Shanghai-based insurance-tech company trading below $1, plans to build a Bitcoin treasury by selling $220 million in stock for Bitcoin. The company will accept Bitcoin directly as payment for new shares.

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