<ul data-eligibleForWebStory="false"><li>Nano Labs has initiated building a significant crypto reserve by purchasing $50 million worth of BNB tokens, with plans to establish a $1 billion treasury fund for digital coins.</li><li>Despite the crypto move, Nano Labs' stock experienced a decline of 4.5% during regular trading and an additional 2% in after-hours, closing at $8.20 on Thursday.</li><li>The company currently holds approximately $160 million in BNB and Bitcoin and aims to acquire between 5% and 10% of all BNB tokens in circulation, facing questions regarding the funding strategy.</li><li>While BNB saw a slight increase in value, reaching around $654 with a market cap of $93.4 billion, experts like Anthony Scaramucci caution that corporate crypto investments may not always be profitable without clear financial evaluations.</li></ul>

BNB Gets Big Backer As Nano Labs Begins Billion-Dollar Accumulation

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