Nano Labs announces $25 million share repurchase plan over 12 months

Nano Labs Ltd. Has initiated a 12-month share repurchase program valued at up to 25 million USD. The plan will include open market purchases, private placements, and blockchain transactions.

Funding for the share buyback will be sourced from the company’s existing cash reserves and proceeds from the liquidation of crypto assets, including BNB and BTC.

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