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Nano Labs Ltd Boosts BNB Holdings to 120,000 Tokens Valued at $90 Million

2025-07-22 11:58:39

Nano Labs Ltd Boosts BNB Holdings to 120,000 Tokens Valued at $90 Million

Main Idea

Nano Labs Ltd has increased its BNB holdings to 120,000 tokens, valued at $90 million, reflecting a strategic investment and confidence in BNB's long-term value.

Key Points

1. Nano Labs Ltd (NASDAQ: NA) now holds approximately 120,000 BNB tokens, valued at nearly $90 million based on current market prices.

2. The company acquired an additional 45,684.9862 BNB in an over-the-counter (OTC) transaction at an average price of $764 per token.

3. Nano Labs' average acquisition cost for BNB is $707 per token, indicating a strategic investment approach.

4. The increased holdings align with broader institutional trends and demonstrate the company's confidence in BNB's long-term value.

5. Binance will suspend BNB Smart Chain withdrawals for maintenance on July 23, 2025.

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