šŸ­ Nano Labs Invests $50M into $BNB , Plans $1B Treasury

Nano Labs, a Hong Kong-listed chipmaker, has purchased 74,315 $BNB (~$50 million) at an average price of $672.45 per coin, part of a broader initiative to allocate up to $1 billion in BNB holdings—targeting 5–10% of total supply.

This move lifted Nano Labs' digital asset reserves to approximately $160 million and has triggered wider institutional interest.

Following the announcement, Nano Labs’ stock doubled, while $BNB

saw a ~2.7% uptick.