Nano Labs Increases BNB Strategic Reserve to $90 Million, Plans to Upgrade Reserve Strategy

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PANews
07-22
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PANews reported on July 22 that according to Globe Newswire, Nano Labs Ltd (Nasdaq: NA), a Web 3.0 infrastructure and product solution provider, announced that the company has significantly increased its BNB holdings to 120,000, with a current total value of approximately $90 million. Recently, Nano Labs purchased an additional 45,684.9862 BNB through over-the-counter trading, with an average purchase price of around $764 per BNB. The company's current average BNB acquisition cost is $707. Nano Labs stated that in the future, it will further strengthen its BNB strategic reserves through various methods, including continuous BNB accumulation, acquiring controlling stakes in entities with BNB as their core reserve asset, and investing in companies focused on holding BNB.

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