[Zhibao Technology Completes $154.7 Million PIPE Financing, Investors Pay with 2,380 BTC] According to Newsfile, Nasdaq-listed company Zhibao Technology (Ticker: ZBAO) has completed a $154.7 million PIPE financing, with investors making full payment using 2,380 Bitcoin (valued at $65,000 per Bitcoin based on the July 30 benchmark price). The financing involved the issuance of 442 million PIPE units at a price of $0.35 per unit, with each unit comprising one Class A common share and a two-year warrant exercisable at $0.35 per share. At the time of closing, 395.6 million units were delivered, with the remaining 46.32 million units to be delivered upon shareholder approval, requiring no additional consideration. Chairman Ma Botao stated that this financing will strengthen the company's financial foundation, accelerate the expansion of AI capabilities, and leverage investors' expertise in the crypto market and Web3 infrastructure to explore new business synergies.