Nano Labs Makes a $1 Billion Move on BNB!
Nano Labs, a chip manufacturer listed on Nasdaq, announced plans to purchase up to $1 billion worth of BNB. The goal: to own 5–10% of the BNB supply!
The company will raise funds by selling $500 million worth of convertible bonds in the first phase. Following this development, the stock price rose by over 100%.
🔹 BNB's current market value: $90.3 billion
🔹 The purchase process is still in the due diligence phase
🔹 Could this step establish BNB as a new standard for institutional treasuries?
