<ul><li>China-based crypto mining-chip designer Nano Labs has announced that it will accept Bitcoin as payment for its goods and services.</li><li>The move is a part of Nano Labs' commitment to embracing the latest in financial technology and meeting the growing demand for digital currency transactions in the technology sector.</li><li>The adoption of Bitcoin will provide greater payment flexibility for Nano Labs, but it is unclear whether the company intends to keep the cryptocurrency on its balance sheet.</li><li>Following the announcement, shares in Nano Labs rose 2.81% on the Nasdaq.</li></ul>

Chinese microchip company says it’s now accepting Bitcoin as payment

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