Nano Labs invests 50 million USD in Binance Coin, plans to buy more BNB

Nano Labs invested 50 million USD for 74,315 BNB tokens, priced at 672.45 USD each. They plan to acquire up to 1 billion USD worth of BNB, aiming to hold 5-10% of the total circulating supply.

The price of BNB has increased by 0.91%, currently trading at 664.10 USD. The company’s cryptocurrency reserves now total approximately 160 million USD, incorporating both Bitcoin and BNB.

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