As of December 10, Nano Labs holds approximately 55.6 BTC, valued at about 5.5 million USD
On December 11, the cryptocurrency mining chip design company Nano Labs announced that it has invested in Bitcoin through Hashkey, a licensed virtual asset trading platform in Hong Kong. As of December 10, 2024, the company holds approximately 55.6 Bitcoins worth about $5.5 million USD with an average price of around $99,400 USD including transaction fees. This strategic investment reflects the company's commitment to diversifying asset allocation while exploring potential applications of blockchain technology in high-performance computing and distributed storage solutions. A group of investors including FENBUSHI US, Longling Capital and Golden Forest have recently signed share subscription agreements with Nano Labs. The company will continue to closely monitor developments in the BTC market and adjust its investment scale and strategy as appropriate according to market conditions.(PRNewswire)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tesla (TSLA.US) drops over 10% in a week, but ARK keeps buying! Cathie Wood: This is the moment we've been waiting for
Despite the recent volatility in Tesla's stock price, ARK Invest founder Cathie Wood, known as the "Goddess of Wall Street," remains optimistic about the company.
U.S. stock futures fluctuate by $650 billions due to news related to Jensen Huang
Nikkei Average Index gains expand to 2.78%
Surprise! Japan intervened in the forex market three times this summer, selling a record 154 trillion yen in three days
Japan has confirmed that it intervened in the foreign exchange market three times this summer, buying yen to support the exchange rate, corroborating earlier market reports. This included the first joint intervention with the United States to support the yen in nearly thirty years.
Crypto prices
More
