A Shanghai-based insurance-tech company trading below $1 wants to build a Bitcoin treasury by taking BTC directly as payment for new shares.

Zhibao Technology announced a $4B Bitcoin PIPE deal with Joyer Tech, days after receiving a NASDAQ deficiency notice. Here's what investors need

Nasdaq-listed Zhibao Technology plans to accept 3,500 bitcoin in a proposed $220 million PIPE deal, a move that would transform the Chinese insurance-tech firm into the latest…