Public Company Goes 'BNB-Only', Shares Soar

Nasdaq-listed Nano Labs has announced a move to a $BNB-only Treasury bond strategy.

The company is raising $500 million to begin acquiring up to $1 billion worth of BNB.

The news sent the company's stock price skyrocketing, as noted by Binance's CZ.

Shares of Nasdaq-listed chipmaker Nano Labs surged on Tuesday after the company announced a radical new corporate strategy: It will restructure its treasury to focus solely on Binance Coin (BNB).

The move immediately caught the attention of Binance founder Changpeng…

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