Nano Labs, a Chinese fabless integrated circuit design company, has announced that it is accepting Bitcoin payments for its products.
The decision to accept Bitcoin comes at a time when the company is facing financial struggles, including a decline in its stock performance.
Nano Labs aims to tap into the growing trend of cryptocurrency adoption and boost its position by accepting Bitcoin payments.
Companies like MicroStrategy, Semler Scientific, and Metaplanet have experienced stock surges after adopting Bitcoin, and Nano Labs hopes to replicate similar results.