# Nasdaq-Listed Zhibao Plans to Take 3,500 Bitcoin in $220 Million Financing as Tesla Books Impairment

The Chinese insurance-tech firm would become the latest corporate Bitcoin treasury even as Tesla's held position produced a $112 million impairment on a 14% quarterly price decline.

- Published: 2026-07-23T05:28:47.903Z
- Canonical: https://polylog.news/crypto/2026-07-23/nasdaq-listed-zhibao-plans-to-take-3-500-bitcoin-in-220-mill
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Bitcoin Magazine](https://bitcoinmagazine.com/news/zhibao-technology-to-take-3500-bitcoin), [CoinDesk](https://www.coindesk.com/markets/2026/07/22/tesla-holds-bitcoin-steady-reports-usd112m-impairment-loss)

Zhibao Technology, a Nasdaq-listed Chinese insurance-technology firm, plans to accept 3,500 Bitcoin in a proposed $220 million private-placement financing, a deal that would convert the company into the latest public corporate Bitcoin treas…

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