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Nano Labs LTD, provider of web3 infrastructure Infrastructure and Product Solutions based in China, today announced the acquisition of 74 315 Binance coin (BNB) Takes via over -the -counter (OTC) transactions at an average price of approximately $ 672.45 per token, which represents a total investment of about $ 50 million.
Purchase brings the total reserves of the company’s digital assets that include Bitcoin and BNB Holdings at approximately $ 160 million, which is the main milestone in the strategic plan of Nano Labs BNB.
According to July 3 Press releaseThe company on the Hong Kong list plans to obtain BNB worth up to BNB worth up to $ 1 billion during the initial phase.
In the long run, Nano laboratories intend to control between 5% and 10% of the total circulating BNB offers.
Society before concluded into a $ 500 million convertible note 24th June to support the efforts to accumulate BNB.
At that time, Nano Labs indicated that it would perform a comprehensive use of usefulness, network security and long -term BNB investment potential.
Today’s acquisition shows that Nano Labs has completed its evaluation and is determined to set up BNB as a strategic reserve asset.
In the early hours of July 3 Nano Laboratory released a promotional video Demonstration of almost eight -year surgical history of Binance.
Advertising that gives out, ”Nano Labs encourages you how a big day is coming. Let’s build a future together“He led many observers to believe that society is indeed convinced of the usefulness and value of BNB as a reserve asset, making it the first public society that supplies the ERC-20 token.
While the crypto of the company’s cash register includes BNB, it Also holds bitcoinswhich has become a standard reserve asset among public companies.
Nano Labs currently ranks 31.Maintains more than 1,000 BTC at its Treasury.
27. June founder Binance ChangPeng Zhao (CZ) Cooperation with Nano Laborators on X was observed when shared the number of BTC Holdings, and asked how many BNB tokens would bring the dollar the dollar.
The company used this interaction to prove its obligation to BNB and responded “more loading $ BNB”.
BNB is traded for $ 658.64 at the time of printing, showing a minimum daily movement and publishing only 2.11% of profit in the last seven days, despite the wider market.
The cryptocurrency maintains its position as the fifth largest digital asset by market capitalization, a market ceiling exceeding $ 92 billion and an average daily trading volume of over $ 300 million.
Since more public companies recognize the design value of BNB, the token could potentially break above the level of resistance $ 662 and question its December 2024 a maximum of $ 793.
In January, Bhutan Geleph Mindfulness City (GMC) announced its decision to include BNB In his strategic reserves along with Bitcoins and Ethereum.
However, since the announcement of the country, known for its pro-critic initiatives similar to El Salvador, has not published any real BNB purchases.
By holding BNB, Bhutan could directly participate in the ecosystem of Binance, including his set of Defi tools, the opportunity to establish and infrastructure blockchain.
Movement of Nano Labs contributes to the growing trend of crypto adoption as strategic reserve assets, especially tokens of benefits for bitcoins.
For example, June 30, Bitmine Immersion Technology announced a private placement of $ 250 million He devoted himself to the accumulation of Ethereum (ETH) and called the first main initiative to introduce the cash register ETH.
Similarly, 28 May, Utexi, Treasury Company aimed at Solan, Added 56,000 Sol to their sharesThus, the total reserves get more than $ 110 million with current market valuation.
Contribution Nano Labs loads on BNB – $ 50 million today, war chest $ 1b in sight He appeared for the first time Cryptonews.