July 3, 2025 – In a bold strategic move, China-based Web3 infrastructure leader Nano Labs Ltd. (NASDAQ: NA) has entered the cryptocurrency arena with a $50 million investment in Binance Coin (BNB), marking a significant shift in its digital asset strategy.
Major Acquisition Signals Strategic Pivot
Nano Labs has confirmed the purchase of 74,315 $BNB tokens through over-the-counter (OTC) transactions, at an average price of $672.45 per token. The total investment, valued at approximately $50 million, positions the company as a formidable new institutional player in the BNB ecosystem.
Following the transaction, Nano Labs' total reserves in mainstream digital assets—including #Bitcoin and #BNB —have reached an estimated $160 million, according to an official company statement released Thursday.
Ambitious Strategic Vision: Up to $1 Billion in BNB
This acquisition marks the first step in Nano Labs’ broader “BNB Strategic Plan,” a bold initiative that aims to accumulate up to $1 billion in BNB holdings in the near term. The company’s long-term objective is to acquire and hold between 5% and 10% of BNB’s total circulating supply—a level of institutional involvement rarely seen in the crypto space.
Such a move, if successful, would not only establish Nano Labs as a significant stakeholder in the BNB ecosystem but could also have lasting implications for supply dynamics and market perception.
Capital Backing: $500 Million in Convertible Notes and Share Issuance
To support this strategic expansion, Nano Labs has launched a comprehensive fundraising initiative. The company has announced:
A direct offering and private placement to raise $50 million through the sale of 5,952,381 Class A common shares at $8.40 per share.
The issuance of warrants with an exercise price of $10.00 per share.
A separate agreement to issue $500 million in convertible notes, convertible into Class A shares at a conversion price of $20.
This financing structure underscores the company's long-term commitment and provides a scalable foundation for continued investments in digital assets.
Technological Advantage: ASIC Development and Cuckoo Series Chips
Nano Labs’ core competency lies in the development of high-performance application-specific integrated circuits (ASICs), tailored for blockchain and Web3 applications. Its Cuckoo series chips, known for efficiency and scalability, are widely adopted in decentralized infrastructure projects.
This technical expertise positions Nano Labs to not only invest in crypto assets but also contribute meaningfully to the underlying blockchain ecosystem.
Market Impact and Shareholder Response
Nano Labs’ shares (NASDAQ: NA) have already experienced substantial momentum, gaining over 113% in the past year. The announcement of the BNB purchase has further fueled investor enthusiasm, as market participants increasingly view the company as both a technology innovator and an emerging financial force in crypto markets.
Company Statement
In its official communication, Nano Labs emphasized the strategic nature of the investment:
> “Following this transaction, the company's total reserves in mainstream digital currencies, including Bitcoin and BNB, have reached approximately $160 million.”
This reinforces the company’s intent to integrate digital assets as a core component of its long-term financial strategy.
Conclusion: Institutional Interest in BNB Reaches New Heights
Nano Labs’ entry into the BNB market marks a pivotal moment in institutional crypto adoption. With ambitions to control up to 10% of BNB’s circulating supply, the company is positioning itself as a dominant force in both the Web3 infrastructure and digital finance sectors.
If #NanoLabs successfully executes its BNB strategy, the move could rank among the most significant institutional investments in cryptocurrency history—potentially reshaping the landscape of the BNB market for years to come.
