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Nano Labs Boosts Digital Reserves with $50M BNB Acquisition, Eyes Bigger Stake

  • Nano Labs acquires $50 million worth of Binance Coin (BNB) in an OTC deal to expand its crypto reserves, bringing its total holdings to nearly $160 million.
  • The company aims to increase its BNB exposure to up to $1 billion, targeting 5-10% of the coin's circulating supply.
  • BNB price remains stable post-acquisition, with analysts predicting a potential rise to $816.
  • Nano Labs joins the trend of tech firms bolstering their balance sheets with crypto assets, signaling confidence in the future of digital currencies.

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