Nano Labs Continues to Increase Its BNB Holdings to Over 130,000 BNB, Upgrades Its BNB Strategic Reserve and Officially Launches Share Repurchase Program
Rhea-AI Summary
Nano Labs (Nasdaq: NA) announced it has increased its strategic BNB reserve to more than 130,000 BNB, with an aggregate book value of approximately US$112 million as of Dec 31, 2025. The company said this strengthens its long‑term BNB reserve strategy. Nano Labs also disclosed its Board previously approved a share repurchase program of up to US$25 million and that it has formally commenced repurchases. Management said repurchases will continue subject to market conditions, balancing capital allocation and the value of its BNB reserves, with the stated aim of enhancing long‑term corporate value and protecting shareholder interests.
Positive
- BNB holdings exceed 130,000 BNB (≈US$112M)
- Repurchase program approved up to US$25 million and now commenced
Negative
- Up to US$25M allocated to buybacks reduces available corporate liquidity
News Market Reaction 1 Alert
On the day this news was published, NA gained 3.62%, reflecting a moderate positive market reaction. Argus tracked a trough of -4.1% from its starting point during tracking. This price movement added approximately $3M to the company's valuation, bringing the market cap to $93M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves: ICG -3.43%, GSIT -5.65% vs MX +1.95% and MRAM +1.96%, suggesting company-specific factors around BNB reserves and buybacks rather than a broad semiconductor trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 02 | AGM / governance | Neutral | -0.2% | Set AGM date and proposed share structure changes and auditor appointment. |
| Nov 26 | RWA program launch | Positive | +3.0% | Launched NBNB Program to build RWA infrastructure on BNB Chain. |
| Nov 12 | Debt risk reduction | Positive | +5.0% | Early repayment of convertible bonds to cut crypto-related risk exposure. |
| Oct 15 | Buyback authorization | Positive | -2.0% | Announced up to US$25M share repurchase program funded by cash and crypto. |
| Sep 30 | Tokenization MoU | Positive | +3.9% | MoU with TradeUP to develop tokenized U.S. equities via regulated channels. |
Recent news, especially Web3 initiatives and balance-sheet actions, has usually seen price reactions that broadly align with the news tone, with one notable divergence on a prior buyback announcement.
Over the last few months Nano Labs issued several Web3- and capital-structure-focused updates. A Sept 30 MoU on tokenized U.S. equities and the Nov 26 NBNB RWA initiative both coincided with positive price moves. Early repayment of convertible bonds on Nov 12 was also received well. However, the initial US$25.0M share repurchase authorization on Oct 15 saw a modest negative reaction, showing that buyback news has not consistently supported the share price.
Regulatory & Risk Context
An effective shelf registration on Form F-3 dated 2025-07-09 with recent usage via 424B3 and 424B5 provides the company with flexibility to issue securities as needed, which can support funding for BNB reserves and operations but also introduces potential future equity issuance.
Market Pulse Summary
This announcement combines expansion of a strategic BNB reserve—now more than 130,000 BNB valued around US$112 million—with the formal start of a share repurchase program of up to US$25 million. Context from earlier filings shows additional capital-raising flexibility via an at-the-market facility for up to 10,000,000 shares. Investors may track how management balances buybacks, crypto exposure, and any future use of registration capacity.
Key Terms
Web 3.0 technical
AI-generated analysis. Not financial advice.
HONG KONG, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, today announced continued progress in its strategic BNB reserve initiative, including the completion of a new round of BNB acquisitions.
As of the date of this announcement, the Company holds more than 130,000 BNB in aggregate, with a total value of approximately US
In addition, the Company disclosed that its Board of Directors had previously approved a share repurchase program with an aggregate value of up to US
About Nano Labs Ltd
Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider. 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, Nano Labs has actively positioned itself in the crypto assets space, adopting BNB as its primary reserve asset. It has reserved in mainstream cryptocurrencies including BNB and BTC, and established an integrated platform covering multiple business verticals, including HTC solutions and HPC solutions*. 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.
Investor Contact:
Nano Labs Ltd
Email: ir@nano.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
How many BNB does Nano Labs (NA) hold as of December 31, 2025?
What is the reported value of Nano Labs' BNB reserve on December 31, 2025?
What is the size and status of Nano Labs' share repurchase program (NA)?
Will Nano Labs continue the share repurchase program and under what conditions?
How might the US$25M repurchase program affect Nano Labs' capital allocation?
