Nano Labs Increases BNB Strategic Reserve to $90 Million, Plans to Upgrade Reserve Strategy

Odaily News Nano Labs Ltd (NASDAQ: NA), a provider of Web 3.0 infrastructure and product solutions, announced that the company has significantly increased its BNB holdings to 120,000, with a current total value of approximately US$90 million. Recently, Nano Labs purchased an additional 45,684.9862 BNB through over-the-counter transactions, with an average purchase price of approximately US$764 per coin. The companys current average BNB purchase cost is US$707. Nano Labs stated that in the future it will further strengthen its BNB strategic reserves through a variety of means, including continued increase in BNB holdings, acquisition of controlling interests in entities with BNB as the core reserve asset, and investment in companies focused on holding BNB. (Globe Newswire)