Nano labs announces $50 million btc purchase plan

Hong kong , dec. 2, 2024 /prnewswire/ -- nano labs ltd (nasdaq: na) ("we," the "company" or "nano labs"), a leading fabless integrated circuit design company and product solution provider in china, today announced its plan to purchase and hold $50 million 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.
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