๐จ๐ณ CHINESE COMPANY ZHIBAO JUST ADDED 2,380 BITCOIN TO ITS TREASURY ๐
Zhibao Technology closed a $154.7M PIPE financing settled in BTC.
In other words ๐ This was not cash raised to buy Bitcoin later.
Bitcoin was the consideration.
โ 2,380 BTC delivered
โ $154.7M aggregate purchase price
โ $65,000/BTC reference price
โ BTC added to company treasury
Their stock $ZBAO skyrocketed by 79% the day this was announced!
Do you think China is beginning to reverse its stance on Bitcoin? ๐
Zhibao Technology closed a $154.7M PIPE financing settled in BTC.
In other words ๐ This was not cash raised to buy Bitcoin later.
Bitcoin was the consideration.
โ 2,380 BTC delivered
โ $154.7M aggregate purchase price
โ $65,000/BTC reference price
โ BTC added to company treasury
Their stock $ZBAO skyrocketed by 79% the day this was announced!
Do you think China is beginning to reverse its stance on Bitcoin? ๐
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