Nano Labs Invests $50 Million in Binance Coin, Aiming for 10% Total Supply

Published at 2025-07-05 03:14:32
Nano Labs Invests $50 Million in Binance Coin, Aiming for 10% Total Supply – cover image

In a bold move that showcases strong confidence in Binance Coin's (BNB) potential, Nano Labs has purchased $50 million worth of BNB. This purchase is part of a strategic $1 billion plan where Nano Labs aims to acquire up to 10% of the total BNB supply.

This massive accumulation indicates that Nano Labs sees long-term value and growth opportunity in Binance Coin, which continues to be one of the most popular and widely used cryptocurrencies.

For crypto enthusiasts and investors looking to get into coins like BNB, platforms like Bitlet.app offer an innovative approach. Bitlet.app's Crypto Installment service allows you to buy cryptos now and pay monthly, making it easier for everyone to invest in promising cryptocurrencies without the burden of full upfront payment.

Stay tuned for more updates as Nano Labs progresses with their acquisition plan, and consider exploring Bitlet.app to start or expand your own crypto portfolio with flexible payment options.

Share on:

Related news

VTB to Offer Direct Crypto Trading Through Brokerage Accounts Next Year

VTB, Russia’s second-largest bank by assets, will let clients buy and sell cryptocurrencies directly via brokerage accounts starting next year, expanding beyond its current derivatives exposure.

Published at 2025-12-03 20:30:07
Binance Appoints Yi He as Co-CEO

Binance named co-founder Yi He as its co-chief executive on Wednesday. The move is positioned as part of the exchange's leadership continuity amid ongoing global regulatory and growth challenges.

Published at 2025-12-03 06:30:09
UK law confirms cryptocurrencies are property after royal assent

A UK bill establishing that existing property laws apply to cryptocurrencies received royal assent on Dec. 2, 2025, giving digital assets clearer legal status. Supporters say the move should strengthen ownership, recovery and insolvency remedies for crypto holders and businesses.

Litecoin Surges 10% After Vanguard LTCC Access — What’s Next for LTC?

Litecoin rallied roughly 10% in early trading following news of Vanguard LTCC access, breaking a short-term consolidation and shifting the immediate technical outlook. Traders should watch for follow-through volume and potential pullbacks as institutional access may increase liquidity and volatility.

Published at 2025-12-02 23:15:08
Burry Calls Bitcoin's Push Toward Six Figures a Speculative Bubble

Michael Burry reiterated that Bitcoin's rally toward six-figure prices is a speculative bubble disconnected from measurable fundamentals, reviving debate over crypto valuation.