Wu said that Nano Labs (NASDAQ: NA) announced that its Chairman and CEO, Kong Jianping, increased his holdings by 480,000 Class A common shares in the open market in August, using personal funds for the purchase. This is the third increase following those in May and September 2024. Kong Jianping stated that the Web3 and cryptocurrency industries are rapidly developing, and the company has entered a long-term development phase, with potential further increases in shareholdings in the future. Nano Labs currently holds BNB as its main reserve asset and also holds BTC, focusing on the research and development of Web3 infrastructure and high-performance computing chips.