Nano Labs Has Purchased About US$50 Million BNB, Expands Digital Asset Reserves to around US$160 Million
Nano Labs (Nasdaq: NA) has announced a significant expansion of its digital asset holdings through the purchase of 74,315 BNB tokens for approximately US$50 million via OTC trading at an average price of US$672.45 per token.
The transaction has increased the company's total mainstream digital currency reserves to around US$160 million. This purchase represents the initial phase of Nano Labs' strategic BNB acquisition plan, with ambitious goals to acquire up to US$1 billion worth of BNB through convertible notes and private placements. The company's long-term objective is to hold between 5% to 10% of BNB's total circulating supply.
Nano Labs (Nasdaq: NA) ha annunciato un'importante espansione del proprio portafoglio di asset digitali con l'acquisto di 74.315 token BNB per un valore di circa 50 milioni di dollari USA tramite trading OTC, al prezzo medio di 672,45 dollari USA per token.
Questa operazione ha portato le riserve complessive di valute digitali principali della società a circa 160 milioni di dollari USA. L'acquisto rappresenta la fase iniziale del piano strategico di Nano Labs per l'acquisizione di BNB, con l'obiettivo ambizioso di ottenere fino a 1 miliardo di dollari USA in BNB tramite note convertibili e collocamenti privati. L'obiettivo a lungo termine dell'azienda è detenere tra il 5% e il 10% dell'offerta circolante totale di BNB.
Nano Labs (Nasdaq: NA) ha anunciado una expansión significativa de sus activos digitales mediante la compra de 74,315 tokens BNB por aproximadamente 50 millones de dólares estadounidenses a través de operaciones OTC, con un precio promedio de 672.45 dólares por token.
Esta transacción ha aumentado las reservas totales de monedas digitales principales de la compañía a alrededor de 160 millones de dólares. Esta compra representa la fase inicial del plan estratégico de Nano Labs para adquirir BNB, con metas ambiciosas de obtener hasta 1.000 millones de dólares en BNB mediante notas convertibles y colocaciones privadas. El objetivo a largo plazo de la empresa es poseer entre el 5% y el 10% del suministro total circulante de BNB.
Nano Labs (나스닥: NA)는 OTC 거래를 통해 약 5,000만 달러 규모로 74,315 BNB 토큰을 평균 토큰당 672.45달러에 매입하며 디지털 자산 보유를 크게 확장했다고 발표했습니다.
이번 거래로 회사의 주요 디지털 통화 보유액은 약 1억 6,000만 달러로 증가했습니다. 이 매입은 Nano Labs의 BNB 전략적 인수 계획의 첫 단계로, 전환사채 및 사모 발행을 통해 최대 10억 달러 상당의 BNB를 확보하는 야심찬 목표를 가지고 있습니다. 회사의 장기 목표는 전체 유통 중인 BNB의 5%에서 10%를 보유하는 것입니다.
Nano Labs (Nasdaq : NA) a annoncé une expansion significative de ses actifs numériques par l'achat de 74 315 tokens BNB pour environ 50 millions de dollars US via des transactions OTC, à un prix moyen de 672,45 dollars US par token.
Cette transaction a porté les réserves totales de cryptomonnaies principales de la société à environ 160 millions de dollars US. Cet achat représente la première phase du plan stratégique d'acquisition de BNB de Nano Labs, avec des objectifs ambitieux visant à acquérir jusqu'à 1 milliard de dollars US en BNB via des billets convertibles et des placements privés. L'objectif à long terme de l'entreprise est de détenir entre 5 % et 10 % de l'offre totale en circulation de BNB.
Nano Labs (Nasdaq: NA) hat eine bedeutende Erweiterung seines digitalen Vermögensportfolios bekanntgegeben, indem es 74.315 BNB-Token im Wert von etwa 50 Millionen US-Dollar über OTC-Handel zu einem Durchschnittspreis von 672,45 US-Dollar pro Token erworben hat.
Die Transaktion hat die gesamten Mainstream-Digitalwährungsreserven des Unternehmens auf rund 160 Millionen US-Dollar erhöht. Dieser Kauf stellt die erste Phase des strategischen BNB-Erwerbsplans von Nano Labs dar, mit dem ehrgeizigen Ziel, bis zu 1 Milliarde US-Dollar in BNB durch Wandelanleihen und Privatplatzierungen zu erwerben. Das langfristige Ziel des Unternehmens ist es, zwischen 5 % und 10 % des gesamten umlaufenden BNB-Angebots zu halten.
- Strategic acquisition of 74,315 BNB tokens worth US$50 million
- Total digital currency reserves increased to US$160 million
- Ambitious growth plan to acquire up to US$1 billion worth of BNB
- Long-term strategy to hold 5-10% of BNB's total circulating supply
- Significant capital allocation to volatile crypto assets increases investment risk
- Large exposure to a single cryptocurrency (BNB) creates concentration risk
- Potential regulatory risks associated with substantial crypto holdings
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 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
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