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    Home»Markets»BNB Will get Large Backer as Nano Labs Begins Billion-Greenback Accumulation
    BNB Will get Large Backer as Nano Labs Begins Billion-Greenback Accumulation
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    BNB Will get Large Backer as Nano Labs Begins Billion-Greenback Accumulation

    By Crypto EditorJuly 5, 2025No Comments3 Mins Read
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    BNB Will get Large Backer as Nano Labs Begins Billion-Greenback Accumulation

    Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure

    Nano Labs has kicked off an enormous plan to construct a crypto pile by shopping for BNB tokens. The chip maker dropped $50 million on BNB this week. It’s step one towards what the corporate says could possibly be a $1 billion treasury fund for digital cash. In accordance with Nano Labs, it needs to carry between 5% and 10% of all BNB available in the market.

    Nano Labs Inventory Dips After Crypto Transfer

    Primarily based on stories, Nano Labs shares slid 4.5% throughout common buying and selling and one other 2% in after‑hours to shut at $8.20 on Thursday.

    That drop got here regardless of a earlier rally when the agency unveiled a plan to promote $500 million in convertible notes to pay for crypto buys. The inventory jumped over 100% after that funding information, however this week’s token buy didn’t get the identical response.

    🚨 BREAKING 🚨

    Nano Labs simply acquired roughly $50M price of $BNB by way of OTC — bringing our mainstream digital asset reserve to round $160M.

    🔗https://t.co/MrgpeSN0NB pic.twitter.com/XvrlnsqtMC

    — Nano Labs (@NanoLabsLtd) July 3, 2025

    Funding Technique Raises Questions

    In accordance with the corporate, its mixed crypto pockets now holds about $160 million in BNB and Bitcoin. At right now’s charge of round $658 per BNB, $50 million buys roughly 76 000 tokens.

    To snag 10% of the 145,887,575 cash now circulating, Nano Labs would wish about $926 million. Traders should weigh the price of issuing convertible notes in opposition to merely shopping for crypto straight.

    BNBUSD at present buying and selling at $654,79. Chart: TradingView

    BNB Stake Holds Dangers

    BNB itself climbed a modest 0.60% prior to now 24 hours to hover close to $654 as of press time. Its market cap stands at $93.4 billion.

    In accordance with a June 2024 Forbes report, Binance and its former CEO, Changpeng “CZ” Zhao, collectively management about 70% of the then‑circulating 147 million BNB tokens.

    Picture: Penn As we speak

    Not A Assure For Win?

    Anthony Scaramucci, who runs SkyBridge Capital, instructed Bloomberg that company crypto buys aren’t a positive win. He identified that if a agency takes $10 in funding and places $8 into Bitcoin, shareholders could be higher off simply shopping for Bitcoin themselves. His view is that groups ought to lay out clear value and revenue maps earlier than chasing huge crypto stakes.

    Nano Labs was arrange in 2019 by Solar Qifeng and Kong Jianping after they left the board of Canaan. The Singapore‑primarily based {hardware} maker listed in 2022 and focuses on excessive‑velocity computing chips.

    Their shift into crypto comes as extra firms park a part of their money in digital cash. However market watchers might be trying to see if Nano Labs can juggle chip design, notice gross sales and token shopping for with out operating into hassle.

    Featured picture from Unsplash, chart from TradingView

    BNB Will get Large Backer as Nano Labs Begins Billion-Greenback Accumulation

    Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent assessment by our workforce of high expertise specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.





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