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BNB Treasury Strategy Launched with $50 Million Purchase by Nano Labs

  • Nano Labs initiates a $1 billion BNB strategy by purchasing $50 million and aims to acquire 10% of the circulating supply.
  • Total cryptocurrency holdings of Nano Labs reach $160 million, including BNB and Bitcoin, as part of its long-term treasury plan.
  • Despite the high-profile $50 million purchase, Nano Labs' shares declined by 4.7%, indicating mixed investor sentiment.
  • BNB, targeted by Nano Labs for a 10% supply buy, has shown a minor growth of 0.61%, with the price around $658 per coin.

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