BNB floods the treasury of Nano Labs with a new million-dollar purchase
Nano Labs, a Chinese company specialized in infrastructure for Web3, acquired 74,315 units of the cryptocurrency BNB for an amount close to 50 million dollars. The purchase was made in the over-the-counter (OTC) market at an average price of 672.45 dollars per BNB.
With this operation, Nano Labs raises its reserves of digital assets, which already included bitcoin (BTC) and BNB, to about 160 million dollars. This is the first step of a more ambitious strategy: the company plans to acquire up to 1 billion dollars in BNB, through convertible notes and private placements.
