Nano Labs make $50M BNB bet - Eyes $1B crypto treasury - adtechsolutions

Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Nano Labs make $50M BNB bet – Eyes $1B crypto treasury


  • Nano Labs bought $ 74,315 BNB for $ 50 million, starting its $ 1 billion ministerial coin plan.
  • BNB showed after buying price durability, which shows growing confidence in the market.

Nano Labs officially started Binance coin [BNB] The ambition of the Ministry of Finance with a purchase of $ 50 million – just a week after she announced her intention.

The Chinese company, listed on Nasdaq, will stand as the main player in the BNB ecosystem.

When it moves to the company of digital asset focused on BNB, its latest acquisitions also caused a sharp movement of prices for a coin rise.

Strategic purchase sends a strong signal to crypto markets

Nano Labs has created its The most aggressive move so far To create a BNB reserve, they spend $ 50 million to get $ 74,315 in a single over -the -counter agreement.

A transaction made at an average price of $ 672.45 is a key step in the company’s digital asset strategy.

The purchase also coincided with the sharp increase in the price of BNB, as the volume of trading increased to nearly $ 1 billion.

With this acquisition, the overall Nano Labs cryptovs have increased to $ 160 million, indicating the growing presence in the digital assets.

Deploys monuments to a $ 1b reserve, long -term shares

Nano laboratories not only buy BNB – creates a vision around him. In June, Chinese company announced plans to become a devoted company BNB Treasury, which focuses on a reserve of $ 1 billion.

The press release has been read,

“During the long -term point of view, Nano Labs intends to keep 5% to 10% of the total bnb offer.”

The company plans to increase up to $ 500 million through convertibles and private locations. These funds will support their long -term crypto investment strategy.

While Bitcoin [BTC] It is still on its radar, the focus is changing. The company seems to have committed to expand its BNB Holdings.

It describes this step as a strategic, long -term game in cryptal space.

BNB reacts

After the acquisition of the orientation point, BNB experienced increased volatility, but showed signs of resistance.

An hourly chart revealed a gradual increase on the day of purchase; The coin continued to drop below $ 656. July before recovering to the 660 $.

At the time of the press, RSI moved near the neutral at 49.67, while MacD remained slightly bear, but showed signs of convergence.

Binance coin bnbBinance coin bnb

Source: TradingView

Although there is no escape yet, regeneration signals pressure signaling on the purchase side.

As the market spends the size of the purchase, it could continue to build. This trend can accelerate if the long -term strategy of the Ministry of Finance Nano Labs gains investors’ confidence.

Thus, more powerful trust could attract more buyers and support permanently ascending.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *