Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Satoshi-Era Investor Cashes Out 80,000 BTC via Galaxy Digital

    Senator Cynthia Lummis Advocates Bitcoin as ‘Freedom Money’

    Galaxy Digital Completes $9 Billion Bitcoin Sale

    Citi’s Bitcoin Price Prediction Lacks Official Confirmation

    Ledn Introduces Bitcoin Wealth Program for Affluent Clients

    Strategy Launches STRC Preferred Stock to Boost Bitcoin Holdings

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Wellgistics Adopts XRP for Treasury After $50M Credit Deal

    Wellgistics Adopts XRP for Treasury Operations

    Shiba Inu Enhances Shibarium Ecosystem with Developer Upgrade

    Shiba Inu Unveils Shibarium Developer Upgrade

    SharpLink Names Ex-BlackRock Leader as Co-CEO

    SharpLink Names Former BlackRock Exec Joseph Chalom Co-CEO

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Chinese Chipmaker Nano Labs Invests $50M in Binance Coin

Solomon M. by Solomon M.
July 4, 2025
in Altcoin News
Key Points:
  • Nano Labs invests $50 million in Binance Coin.
  • Strategic crypto accumulation.
  • Potential for increased BNB demand.
chinese-chipmaker-nano-labs-invests-50m-in-binance-coin
Chinese Chipmaker Nano Labs Invests $50M in Binance Coin

Nano Labs Ltd, a leading Chinese chip designer, purchased $50 million in Binance Coin (BNB), as officially announced on July 3, 2025.

Nano Labs’ Investment Strategy

The purchase indicates Nano Labs’ strategic pivot towards significant BNB accumulation, marking a shift in how public companies utilize crypto assets.

“Nano Labs Ltd… today announced the purchase of 74,315 Binance Coin (BNB) tokens… cumulative reserve of mainstream digital currencies, including Bitcoin and BNB, has around US$160 million, marking a successful initial step in Nano Labs’ BNB strategic plan and underscoring its commitment to increasing BNB holdings over time.”
Nano Labs Ltd, Official Statement

Nano Labs’ acquisition of 74,315 BNB tokens at an average of $672.45 each was executed through an Over-The-Counter format. The transaction elevates its digital currency reserves to $160 million. The company’s Nasdaq-listed status corroborates its influence in cryptocurrency investments.

This purchase may catalyze a broader intra-industry movement towards corporate BNB accumulation. It follows precedents set by companies acquiring Bitcoin for their treasuries, bolstering institutional interest in alternatives.

Market analysts anticipate a positive effect on BNB’s price, which rose to $637.78. The purchase potentially signals a shift in corporate strategy, similar to MicroStrategy’s approach to Bitcoin.

Potential regulatory scrutiny might increase as public companies expand their crypto asset holdings. Decision-makers could re-evaluate existing legislative frameworks to accommodate such strategies.

Financial experts project long-term benefits aligning with historical trends seen in the Bitcoin market. As cryptocurrency adoption grows, this activity could inspire similar institutional investments, enhancing technological integrations.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Bitstamp Licensed as Major Payment Institution in Singapore

Next Post

FTX Creditors Face Claims Denial in Restricted Regions

Solomon M.

Solomon M.

Related Posts

Wellgistics Adopts XRP for Treasury After $50M Credit Deal

by Solomon M.
July 26, 2025

Wellgistics adopts XRP for treasury operations, backed by a $50M credit deal with LDA Capital.

Wellgistics Adopts XRP for Treasury Operations

by Solomon M.
July 26, 2025

Wellgistics integrates XRP into its treasury strategy, following a $50 million credit deal.

Shiba Inu Enhances Shibarium Ecosystem with Developer Upgrade

by Solomon M.
July 25, 2025

Shiba Inu announces a significant developer enhancement to the Shibarium ecosystem, boosting technical and financial elements.

Shiba Inu Unveils Shibarium Developer Upgrade

by Solomon M.
July 25, 2025

Shiba Inu expands Shibarium with privacy, AI integration, boosting token activity.

SharpLink Names Ex-BlackRock Leader as Co-CEO

by Solomon M.
July 25, 2025

Joseph Chalom joins SharpLink as Co-CEO, signaling a strategic shift in Ethereum adoption.

SharpLink Names Former BlackRock Exec Joseph Chalom Co-CEO

by Adriana M.
July 25, 2025

SharpLink appoints Joseph Chalom, ex-BlackRock, as Co-CEO, bolstering Ethereum strategy.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.