Question 1

How did Zhibao pay for its $154.7 million financing?

Accepted Answer

Investors funded the entire raise in cryptocurrency, delivering 2,380 Bitcoin to a Zhibao wallet at a reference price of $65,000 per coin, rather than paying in cash, according to the company's SEC filing.

Question 2

Why is the deal so large relative to Zhibao itself?

Accepted Answer

Zhibao's market capitalization was roughly $12 million to $15 million this summer, so the incoming Bitcoin was worth about fifteen times the company's equity value at the July figures, Cryptopolitan reported.

Question 3

Is Zhibao at risk of being delisted from Nasdaq?

Accepted Answer

Yes. Zhibao received a minimum bid-price deficiency notice on July 15, 2026 after its shares traded below $1, and it has until January 6, 2027 to regain compliance.

Zhibao Technology

Zhibao closes $154.7M all-Bitcoin financing, paid in 2,380 BTC

One sharp brief.
Every day.

Zhibao Technology

Zhibao closes $154.7M all-Bitcoin financing, paid in 2,380 BTC

One sharp brief.Every day.

One sharp brief.
Every day.