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This Chipmaker Makes Bold Move to Build Massive BNB Holdings

  • Nano Labs recently purchased $50 million worth of BNB, aiming to accumulate up to 10% of the total BNB supply.
  • Investors showed concern as Nano Labs' stock dropped over 6% following the BNB purchase.
  • The move to accumulate BNB reflects a shift in strategy for the company from Singapore.
  • Critics warn of risks associated with corporate crypto plays like Nano Labs' bold move.

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