Nano Labs (NA) announced its plan to purchase and hold $50M worth of Bitcoin (BTC) over the next five years. This strategic decision underscores the Company’s confidence in BTC as a long-term store of value and a foundational asset within the rapidly evolving Web 3.0 ecosystem.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NA:
- Nano Labs Introduces Advanced V Series for Crypto Mining
- Nano Labs Ltd Secures Nasdaq Compliance with Strategic Loan Conversion
- Nano Labs Regains Nasdaq Compliance with Bid Price
- Nano Labs regains compliance with Nasdaq minimum bid price requirement
- Nano Labs Embraces Bitcoin as Strategic Reserve Asset