#BNB走势 $BNB

The Chinese microchip company Nano Labs has officially begun implementing its plan to acquire up to 10% of the total circulating supply of BNB, after completing its first purchase of $50 million worth of the asset.

Nano Labs confirmed on Thursday that its long-term goal is to buy up to $1 billion worth of BNB and hold between 5% and 10% of the total circulating supply.

The company noted that the value of its current holdings in BNB and Bitcoin (BTC) is estimated at around $160 million.

Nano Labs was founded in 2019 by Kong Jianping and Sun Chifeng after their tenure on the board of directors of Canaan, a Singapore-based computing hardware manufacturer. Nano Labs was listed on the stock exchange in 2022 and specializes in producing high-performance and high-efficiency computing chips.