Nano Labs Unveils Bold $1B BNB Accumulation Plan Following $50M Binance Coin Purchase

Chinese Web3 infrastructure developer Nano Labs Ltd has made a significant move in the cryptocurrency market by acquiring 74,315 BNB tokens worth $50 million in an over-the-counter transaction. The purchase, executed at an average price of $672.45 per token, marks a strategic expansion of the company's crypto reserves, which now total $160 million across Bitcoin and Binance's native asset. This acquisition underscores Nano Labs' growing confidence in Binance Coin as it announces ambitious plans to accumulate up to $1 billion in BNB through convertible notes and private deals. The company's aggressive treasury strategy signals strong institutional belief in BNB's long-term value proposition within the evolving Web3 ecosystem.

Nano Labs Commits $50M to Binance Coin, Eyes $1B BNB Treasury Strategy

Nano Labs Ltd, a Chinese Web3 infrastructure developer, has acquired 74,315 BNB tokens in a $50 million over-the-counter transaction. The purchase, executed at an average price of $672.45 per token, expands the firm's crypto reserves to $160 million across Bitcoin and Binance's native asset.

The company plans to aggressively accumulate BNB through convertible notes and private deals, targeting up to $1 billion in holdings. This WOULD represent 5-10% of BNB's circulating supply—a strategic move aligning with its proprietary high-performance computing chip business.

BNB's price ROSE 0.91% to $664.10 following the announcement, with market capitalization reaching $93.56 billion. The token's resilience contrasts with broader market volatility, reflecting institutional confidence in Binance's ecosystem.

XRP, Pepe Coin, and Angry Pepe Poised for Significant Growth in 2025, ChatGPT Suggests

Emerging from a prolonged crypto winter, the digital asset market is showing signs of a robust recovery, with particular attention on XRP, Pepe Coin, and the newly launched Angry Pepe ($APORK). Analysts, including AI models like ChatGPT, project potential gains ranging from 10x to 50x for these tokens by 2025.

XRP stands out for its stability, anchored in traditional financial use cases. Designed for rapid cross-border transactions, it settles in 3-5 seconds. Despite regulatory challenges, its recent settlement with the SEC has bolstered investor confidence. Currently priced at $2.2 as of July 2025, predictions suggest a 10x surge.

Pepe Coin’s meteoric rise since its 2023 launch on ethereum has become folklore. Early investors saw returns as high as 1,900,000x, turning minimal stakes into millions. The token’s success is attributed to viral community hype, leveraging the cultural resonance of 'Pepe the Frog.'

Newcomer $APORK offers aggressive yield incentives, promising over 10,000% APY for early participants. Meme coins continue to dominate retail interest, blending humor with speculative fervor.

Nano Labs Ltd (NA) Stock Plunges 8.49% Despite $50M BNB Investment

Nano Labs Ltd (NA) shares tumbled 8.49% to $8.05 midday Wednesday, defying the company's aggressive $50 million Binance Coin (BNB) acquisition. The chipmaker purchased 74,315 BNB tokens at an average price of $672.45, elevating its crypto reserves to $160 million.

The strategic MOVE signals Nano Labs' intent to hold 5-10% of BNB's circulating supply, with plans to expand holdings to $1 billion through convertible notes. Market reaction appeared disjointed from fundamentals as investors grappled with the treasury's crypto-heavy composition.

BNB joins bitcoin as a core reserve asset in Nano Labs' Web 3.0 strategy. The OTC transaction underscores institutional confidence in Binance's ecosystem despite regulatory headwinds.