Zhibao Technology Signs Term Sheet With JOYERTECH AND INFORMATION Over Proposed PIPE Funding; Consideration Expected To Include 3,500 Bitcoin
Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading high-growth InsurTech company and pioneer of the 2B2C digital embedded insurance model in China, today announced
Zhibao Technology is getting money from investors to grow their business, and part of the payment will be in Bitcoin, a type of digital money. This shows the company thinks Bitcoin is valuable, but we'd need to watch if they actually complete this deal and how it affects their business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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