๐ถ $๐๐ง๐ | ๐ก๐ฎ๐ป๐ผ ๐๐ฎ๐ฏ๐ ๐๐๐ฒ๐ ๐๐ก๐ ๐๐ถ๐๐ต ๐๐ผ๐น๐ฑ $๐ฑ๐ฌ๐ฌ๐ ๐ง๐ฟ๐ฒ๐ฎ๐๐๐ฟ๐ ๐ฃ๐น๐ฎ๐
Chinaโs leading Web3 infrastructure firm, Nano Labs Ltd (Nasdaq: NA), has launched a $500 million convertible notes offering, marking a major step toward a long-term Binance Coin (BNB) accumulation strategy.
๐ฐ Key Highlights:
โข The capital will be used to potentially acquire up to $1 billion worth of BNB
โข Targeting to hold 5%โ10% of BNBโs total circulating supply
โข Notes remain convertible at the holderโs discretion
โข Aimed at bolstering crypto-native treasury reserves
This strategic move mirrors a growing trend of tech firms shifting to crypto assets as both a hedge and growth catalyst. Nano Labs had earlier adopted Bitcoin for its treasury โ now itโs turning to BNB.
If successful, Nano Labs could become one of the largest institutional holders of BNB globally, strengthening its position as a major player in Asiaโs crypto landscape.
๐ $BTC: 107,308 โฒ +0.15%