Why is Zhibao Technology raising US$220 million?

Zhibao Technology said it plans to use the proceeds to build a Bitcoin (CRYPTO:BTC) treasury.

What is a Bitcoin (CRYPTO:BTC) treasury?

A Bitcoin treasury is a strategy where a company holds Bitcoin as part of its corporate reserves.

Some companies see Bitcoin as a long-term reserve asset and a way to diversify their balance sheets.

Zhibao Technology said it plans to raise the money through a stock sale.

No. Several listed companies have recently announced plans to raise capital and add Bitcoin (CRYPTO:BTC) to their corporate treasuries.

Image for illustrative purposes only. Not a real photo.

Written by Isaac FrancisPublished Jul 24, 2026, 6:29 AM

Nasdaq-listed Zhibao Technology plans to raise up to US$220 million through a stock sale.
The company said it will use the proceeds to build a Bitcoin (CRYPTO:BTC) treasury.
The move follows a growing trend of public companies adding Bitcoin to their balance sheets.

Zhibao Technology plans to raise up to US$220 million through a stock offering.

The Nasdaq-listed company said it will use the funds to establish a Bitcoin (CRYPTO:BTC) treasury.

The planned fundraising reflects growing interest among listed companies in holding Bitcoin as a treasury asset.

More public companies have adopted Bitcoin treasury strategies as they seek alternative ways to manage corporate reserves.

Supporters say Bitcoin can provide long-term value, while critics warn it remains a highly volatile asset.

Zhibao joins a growing list of companies using equity sales to fund Bitcoin purchases.

At the time of reporting, Bitcoin price was $65,415.70.