That seems unlikely. Startup acquiring another startup is rarely all cash deal. Also according to CrunchBase Bolt has raised about $970 million in total. Their

That seems unlikely. Startup acquiring another startup is rarely all cash deal. Also according to CrunchBase Bolt has raised about $970 million in total. Their revenue is at somewhere around $20-50 million, so they wouldn't even had the cash. Also seems unlikely they would have taken or gotten a massive loan to do an all-cash acquisition like that