Another Company Joins the BNB Frenzy: Nano Labs Plans $500M Holdings

TL;DR Nano Labs will launch a private placement of $500 million convertible notes to fund a BNB treasury and may double the amount if demand holds. The firm plans to acquire up to $1 billion in BNB, aiming to control between 5% and 10% of its total supply in the long term. This is the. . . source: https://crypto-economy.com/another-company-joins-the-bnb-frenzy-nano-labs-plans-500m-holdings/