crypto news

BNB gets a great supporter where Nano Labs begins with accumulation of one billion dollars star-news.press/wp

Trusted editorial The content, which was reviewed by leading industry experts and experienced editors. AD disclosure

Nano Labs started a big plan to build a coding pile by buying BNB codes. The chips maker decreased 50 million dollars On BNB this week. This is the first step towards what the company says it can be a billion dollars in the Treasury Fund. According to Nano Labs, he wants to carry between 5 % and 10 % of all BNB on the market.

Nano Labs laboratory decrease after encryption

Based on reports, Nano Labs shares decreased by 4.5 % during regular trading and another 2 % in the hours after an hour to close at $ 8.20 on Thursday.

This decrease came despite the previous gathering when the company revealed a plan to sell $ 500 million of convertible notes to pay the costs of purchases of encryption. The stock jumped more than 100 % after this financing news, but buying the distinctive code this week did not get the same reaction.

The financing strategy raises questions

According to the company, the joint encryption portfolio now has about $ 160 million in BNB and Bitcoin. At the rate of today, about $ 658 per BNB, it buys $ 50 million in approximately 76,000 symbols.

The property has 10 % from 145,887,575 coins now revolves, Nano Laboratory You will need about $ 926 million. Investors should weigh the cost of issuing convertible notes for just buying the encryption directly.

BNBUSD is currently trading at $ 654.79. table: Tradingvief

BNB class bears risks

BNB It has climbed 0.60 % in the past 24 hours to hover near $ 654 from the time of the press. Its roof on the market is 93.4 billion dollars.

According to Acting 2024 Forbes Report, Binance and former CEO, Changpeng “CZ” Zhao, collectively control about 70 % of the 147 million BNB codes.

Image: Penn Today

Not a guarantee to win?

Anthony Scammuchi, who runs Skybridge Capital, told Bloomberg that the Comparate Crypto purchases are not a certain victory. He pointed out that if the company gets $ 10 in financing and put $ 8 in Bitcoin, the shareholders may only be better in buying Bitcoin themselves. His point of view is that the difference should put clear maps before chasing Big Crypto Stakes.

Nano Labs was created in 2019 by Sun Qifeng and Kong Jianport after leaving the Canaan Council. Singapore -based hardware maker in 2022 and focuses on high -speed computing chips.

Their transformation comes to Crypto, where more companies provide part of cash in digital currencies. But market monitors will look forward to knowing whether Nano Labs can reconcile the design of the chips with notes sales and buy the distinctive symbol without confronting it.

Distinctive image from Unsplash, tradingvief chart

Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.

https://bitcoinist.com/wp-content/uploads/2025/07/a_fd781d.jpg

2025-07-05 20:30:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button