Nano Labs Further Increases BNB Holdings to 128,000 Tokens, Expanding Strategic Reserve to Over US$100 Million and Upgrading BNB Reserve Strategy
Rhea-AI Summary
Nano Labs (Nasdaq: NA), a Web 3.0 infrastructure provider, has significantly expanded its BNB token holdings to 128,000 tokens, valued at over US$108 million at current market prices of US$850 per token. The company recently acquired 8,000 additional BNB tokens through an OTC transaction at US$801 per token.
The company's strategic BNB position has been accumulated at an average cost of US$713 per token. Nano Labs plans to further strengthen its position in the BNB ecosystem through continued token accumulation, acquiring controlling interests in BNB-focused companies, and investing in BNB-centric enterprises.
Positive
- Strategic BNB holdings increased to 128,000 tokens worth US$108 million
- Current unrealized gain of US$137 per token (19.2%) based on average acquisition cost of US$713
- Recent OTC acquisition of 8,000 BNB tokens below current market price
- Clear strategic roadmap for expanding BNB ecosystem presence
Negative
- Significant exposure to BNB token price volatility
- Large concentration of assets in a single cryptocurrency
- Potential regulatory risks associated with crypto holdings
News Market Reaction – NA
In the trading session that priced this news, NA declined 3.03%, reflecting a moderate negative market reaction. Argus tracked a peak move of +6.0% during that session. Argus tracked a trough of -16.6% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. Trading volume was above average at 1.5x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HONG KONG, July 28, 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 significant increase of its BNB holdings to 128,000 tokens. Based on the current market price of US
The Company recently acquired an additional 8,000 BNB tokens through an over-the-counter (OTC) transaction at an average purchase price of approximately US
Looking ahead, Nano Labs plans to further strengthen its strategic position within the BNB ecosystem through a multi-pronged approach. This includes continued BNB accumulation, acquiring controlling interests in companies focused exclusively on BNB reserves, and investing in leading BNB-centric enterprises.
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, Nano Labs has actively positioned itself in the digital assets space, adopting BNB as its primary reserve asset. It has reserved in mainstream digital currencies 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.
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
