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CryptoSlateAug 3, 2026

Bitcoin-Funded Takeover: Ten Investors Poised to Seize Control of Nasdaq Firm Zhibao with $154.7M Deal

A group of ten unidentified investors plans to take over Zhibao Technology, a Nasdaq-listed insurtech company, through a $154.7 million private investment paid entirely in 2,380 BTC. If the deal closes, it would result in a complete overhaul of the company's board and executive leadership.

Bitcoin-Funded Takeover: Ten Investors Poised to Seize Control of Nasdaq Firm Zhibao with $154.7M Deal

An Unconventional Takeover Bid

Zhibao Technology, a Chinese insurance

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