Na,no La,bs, a company listed on the NASDAQ specializing in chips and Web3 infrastructure, announced a bold plan: to raise $500 million through convertible bonds to acquire $BNB
and form a strategic reserve of cryptocurrencies. The goal is to acquire between 5% to 10% of the total circulating supply of token #BinanceSmartChain , which could expand the value to up to $1 billion. The bonds will be interest-free and can be converted into company shares at a price of $20 per share. Following the announcement, Na,no L,abs shares rose by more than 100% in one day, and the value of #BNB also increased. The market welcomed the proposal that combines traditional financing with exposure to cryptocurrencies. This move positions N,ano L,abs as a leader among listed companies in using convertible securities to create a cryptocurrency treasury - a potential model for other companies in this sector.
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