Nano Labs Commits $500M to BNB Strategic Reserve, Stock Soars 37%! @NanoLabsLtd $NA has signed a $500 million convertible notes deal to kickstart its BNB-only treasury strategy, making it the first publicly traded company to build a strategic reserve around $BNB. Key Highlights: – $500M convertible notes purchase agreement secured – Funds to back Nano Labs’ BNB Strategic Reserve – Stock price surges in response to bold move – Notes are convertible to $NA shares at $20/share – No interest, 360-day maturity By anchoring itself to Binance’s native asset, Nano Labs becomes a public company aligning its balance sheet with Web3-native infrastructure — a strong signal of BNB's growing relevance in institutional treasuries.
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