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Nano Labs increases its BNB strategic reserve to $90 million and plans to upgrade its reserve strategy.
PANews July 22 news, according to Globe Newswire, Web 3.0 infrastructure and product solution provider Nano Labs Ltd (NASDAQ: NA) announced that it has significantly increased its BNB holdings to 120,000 coins, with a current total value of approximately $90 million. Recently, Nano Labs acquired an additional 45,684.9862 BNB through OTC Trading at an average purchase price of about $764 per coin. The company's average acquisition cost for BNB is currently $707. Nano Labs stated that in the future, it will further strengthen its BNB strategic reserves through various methods, including continuously increasing BNB holdings, acquiring entities with BNB as core reserve assets, and investing in companies focused on holding BNB.