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Home»BITCOIN NEWS»As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.
BITCOIN NEWS

As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.

By Crypto FlexsJuly 5, 20253 Mins Read
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As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.
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Nano Labs started a big plan to buy a pile of encryption by purchasing BNB tokens. Chip manufacturers have dropped $ 50 million from BNB this week. The first step that the company says can be a $ 1 billion financial fund for digital coins. According to Nano Labs, we want to maintain between 5% and 10% of all BNBs in the market.

Nano laboratory stocks are dip after moving encryption

Based on the report, NANO LABS closed 4.5%of regular transactions and 2%later at $ 8.20 on Thursday.

Despite the previous rally, when the company unveiled a plan to sell $ 500 million convertible notes to pay the purchase cost of encryption, the decline occurred despite the previous rally. After funding news, stocks have increased more than 100%, but this week’s token purchases have not received the same response.

Breaking 🚨

The nano laboratory has received about $ 50 million worth of acquisition. $ bnb Through OTC -bring the mainstream digital asset protection area to about $ 160 million.

πŸ”—https: //t.co/mrgpesn0nb pic.twitter.com/xvrlnsqtmc

-Nano Lab (@nanolabsltd) July 3, 2025

The financing strategy is questioned

According to the company, the combined wallet of the Crypto wallet currently has about $ 160 million in BNB and Bitcoin. Today, about $ 658 per BNB, $ 50 million is purchased for about 76,000 tokens.

NANO LABS requires about $ 996 million to capture 10%of the current 145,887,575 coins. Investors must measure the weight of the convertible memo issuance cost for simply buying encryption.

BNBUSD is currently trading at $ 654,79. Chart: TradingView

BNB stake is dangerous

The BNB itself has climbed humble 0.60%over the last 24 hours, near $ 654 based on prestation time. The market cap is $ 93.4 billion.

According to June 2024 Forbes Report, Binance and former CEO CEOCO CZ Zhao control about 70%of the 170 million BNB tokens.

Image: Penn Today

Do you not guarantee victory?

Anthony Scaramucci, who runs Skybridge Capital, told Bloomberg that the company’s cryptographic purchase is not clear. He pointed out that if the company takes $ 10 for $ 10 in funds and invests $ 8 in Bitcoin, it would be better for shareholders to buy Bitcoin. His view is that the team must deploy clear costs and profit maps before the team chases a large encryption steak.

NANO LABS was founded in 2019 after Sun Qifeng and Kong Jianping left the Canaanite board of directors. Listed in 2022, Singapore -based hardware manufacturers focus on high -speed computing chips.

As more companies park the digital coin of cash, more companies are transformed into their password. But market watchers will check whether NANO LABS can juggling chip design and troublesome sales and token purchases.

Chart of TradingView, the main image of Unsplash

Editorial process Bitcoinist focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor’s team. This process ensures the integrity, relevance and value of the reader’s content.

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