CORRECTION: Press Release Announcing Purchased About US$50 Million BNB
Nano Labs (NASDAQ:NA) has issued a correction to its July 3rd press release regarding its purchase of BNB tokens. The company acquired 74,315 BNB tokens through OTC trading at an average price of $672.45, totaling approximately $50 million.
With this purchase, Nano Labs' total digital currency reserves, including Bitcoin and BNB, have reached $160 million. The company has ambitious plans to acquire up to $1 billion worth of BNB through convertible notes and private placements, with a long-term goal of holding 5% to 10% of BNB's total circulating supply.
Nano Labs (NASDAQ:NA) ha pubblicato una rettifica al comunicato stampa del 3 luglio riguardante l'acquisto di token BNB. L'azienda ha acquisito 74.315 token BNB tramite operazioni OTC a un prezzo medio di 672,45 $, per un totale di circa 50 milioni di dollari.
Con questo acquisto, le riserve totali di valuta digitale di Nano Labs, inclusi Bitcoin e BNB, hanno raggiunto 160 milioni di dollari. L'azienda ha piani ambiziosi per acquisire fino a 1 miliardo di dollari in BNB attraverso note convertibili e collocamenti privati, con l'obiettivo a lungo termine di detenere tra il 5% e il 10% dell'offerta totale circolante di BNB.
Nano Labs (NASDAQ:NA) ha emitido una corrección a su comunicado de prensa del 3 de julio sobre la compra de tokens BNB. La compañía adquirió 74,315 tokens BNB mediante operaciones OTC a un precio promedio de $672.45, por un total aproximado de $50 millones.
Con esta compra, las reservas totales de monedas digitales de Nano Labs, incluyendo Bitcoin y BNB, han alcanzado $160 millones. La empresa tiene planes ambiciosos para adquirir hasta $1 mil millones en BNB mediante notas convertibles y colocaciones privadas, con el objetivo a largo plazo de poseer entre el 5% y el 10% del suministro total circulante de BNB.
Nano Labs (NASDAQ:NA)는 7월 3일 발표한 BNB 토큰 구매 관련 보도자료를 정정했습니다. 회사는 장외거래(OTC)를 통해 평균 가격 $672.45에 74,315 BNB 토큰을 약 $5천만 상당으로 매입했습니다.
이번 매입으로 Nano Labs의 비트코인과 BNB를 포함한 총 디지털 통화 보유액은 $1억 6천만에 달하게 되었습니다. 회사는 전환사채와 사모 발행을 통해 최대 $10억 상당의 BNB를 확보할 계획이며, 장기적으로는 BNB 총 유통량의 5%에서 10%를 보유하는 것을 목표로 하고 있습니다.
Nano Labs (NASDAQ:NA) a publié une correction concernant son communiqué de presse du 3 juillet relatif à l'achat de tokens BNB. La société a acquis 74 315 tokens BNB via des transactions OTC à un prix moyen de 672,45 $, pour un total d'environ 50 millions de dollars.
Avec cet achat, les réserves totales de crypto-monnaies de Nano Labs, incluant Bitcoin et BNB, ont atteint 160 millions de dollars. L'entreprise prévoit d'acquérir jusqu'à 1 milliard de dollars en BNB via des billets convertibles et des placements privés, avec pour objectif à long terme de détenir entre 5 % et 10 % de l'offre totale en circulation de BNB.
Nano Labs (NASDAQ:NA) hat eine Korrektur zu seiner Pressemitteilung vom 3. Juli bezüglich des Kaufs von BNB-Token herausgegeben. Das Unternehmen erwarb 74.315 BNB-Token über OTC-Handel zu einem Durchschnittspreis von 672,45 $, insgesamt etwa 50 Millionen $.
Mit diesem Kauf haben sich die gesamten digitalen Währungsreserven von Nano Labs, einschließlich Bitcoin und BNB, auf 160 Millionen $ erhöht. Das Unternehmen plant ehrgeizig, bis zu 1 Milliarde $ in BNB über wandelbare Schuldverschreibungen und Privatplatzierungen zu erwerben, mit dem langfristigen Ziel, 5% bis 10% des gesamten umlaufenden BNB-Angebots zu halten.
- Strategic acquisition of $50 million worth of BNB tokens expands digital asset portfolio
- Total digital currency reserves reached $160 million
- Ambitious plan to acquire up to $1 billion worth of BNB shows strong growth strategy
- Long-term commitment to hold 5-10% of BNB's total circulating supply indicates significant market position
- Large capital commitment to volatile crypto assets may pose significant investment risks
- Heavy concentration in BNB tokens could expose company to asset-specific risks
- Substantial future investments in BNB may strain company's financial resources
HONG KONG, July 07, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced a correction to the first paragraph of its press release entitled “Nano Labs Has Purchased About US
The correction is to the Original Press Release’s first paragraph with the original version reading:
“HONG KONG, July 03, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the purchase of 74,315 Binance Coin (BNB) tokens through the OTC (Over-The-Counter) format at an average price of approximately US
The complete, corrected release follows:
“HONG KONG, July 03, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the purchase of 74,315 BNB tokens through the OTC (Over-The-Counter) format at an average price of approximately US
The Company committed to thoroughly evaluating the security and long-term value of BNB, aiming to acquire up to US
About Nano Labs Ltd
Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, it has established Bitcoin value investment and adopted Bitcoin as primary reserve asset. Nano Labs has established an integrated solution platform covering three main business verticals, including HTC solutions and HPC solutions. The HTC solutions feature its proprietary Cuckoo series chips, which have become alternative Application-Specific Integrated Circuit (“ASIC”) solutions for traditional GPUs. Nano Lab’s Cuckoo series are one of the first near-memory HTC chips available in the market*. For more information, please visit the Company’s website at: ir.nano.cn.
* According to an industry report prepared by Frost & Sullivan.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s plan to appeal the Staff’s determination, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
For investor inquiries, please contact:
Nano Labs Ltd
ir@nano.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
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