Nano Labs increased its holdings of BNB to 128,000 coins, with strategic reserves valued at over 100 million USD.

[Coin World] On July 28, Nano Labs Ltd (Nasdaq: NA) (hereinafter referred to as "we", "the company" or "Nano Labs"), as a leading provider of Web 3.0 infrastructure and product solutions, today announced that the company has significantly increased its BNB Holdings to 128,000 coins. Based on the current price of $850 per BNB, the total value of the company's BNB strategic reserve has exceeded $108 million, marking another significant progress in Nano Labs' long-term BNB reserve strategy. Recently, the company acquired an additional 8,000 BNB through over-the-counter (OTC) trading, with an average purchase price of approximately $801 per coin. As of the date of this announcement, Nano Labs holds approximately 128,000 BNB, with an overall average purchase cost of about $713 per coin. Based on current market prices, the market capitalization of these holdings is approximately $108 million. Nano Labs plans to continuously strengthen its strategic layout in the BNB ecosystem through multiple pathways, including but not limited to the company's ongoing increase in BNB assets, controlling a single strategic reserve company for BNB, and investing in leading single strategic reserve companies for BNB.