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Nano Labs, a leading Web 3.0 infrastructure provider in China, recently made a bold move in the crypto space. It has acquired 74,315 Binance Coin (BNB) tokens through an OTC transaction valued at approximately $50 million.
Nano Labs Bets Big on BNB
This marks the first step in the company’s strategic BNB accumulation plan. Its long-term goal is to hold 5% to 10% of BNB’s total circulating supply, and it plans to allocate up to $1 billion to BNB. To support this goal, it plans to raise up to $500 million through convertible notes and private…
