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Benzinga
Benzinga
Business
Murtuza J Merchant

Why Nano Labs Wants To Control A Big Chunk Of Binance Coin's Circulating Supply

Nano Labs Binance Coin BNB Nasdaq Crypto
Binance,Bnb,Cryptocurrency,Physical,Coin,Placed,On,Crypto,Altcoins,And

Nano Labs Ltd. (NASDAQ:NA) has confirmed a $50 million purchase of 74,315 Binance Coin (CRYPTO: BNB) tokens, expanding its digital currency reserves to approximately $160 million as part of a broader strategic accumulation plan.

The transaction, executed through over-the-counter (OTC) channels at an average price of $672.45 per token, demonstrates the company’s intention to significantly deepen its exposure to Binance Coin.

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