According to CoinMeta, Zhibao Technology completed a financing round involving PIPE. In exchange for 2,380 units of BTC, with each unit valued at $65,000, the total transaction amount amounted to $154.7 million. Investors transferred 2,380 units of BTC into the company's wallet, and Zhibao Technology issued 442 million units of PIPE at a price of $0.35 per unit. The company has already delivered 39,567.8152 million units, with the remaining 46,321.848 million units to be delivered upon shareholder approval. This transaction was adjusted from a financing intention of 3,500 units of BTC signed at the end of July, and Zhibao Technology will include the 2,380 units of BTC in its asset reserves.