PANews reported on July 22 that according to Globe Newswire , Nano Labs Ltd (NASDAQ: NA ), a provider of Web 3.0 infrastructure and product solutions, announced that the company has significantly increased its BNB holdings to 120,000 , with a current total value of approximately US$ 90 million. Recently, Nano Labs purchased an additional 45,684.9862 BNB through over-the-counter transactions, with an average purchase price of approximately US$ 764 per coin. The company's current average BNB purchase cost is US$ 707 . Nano Labs stated that in the future, it will further strengthen its BNB strategic reserves through various means such as continuing to increase its holdings of BNB , acquiring controlling stakes in entities with BNB as its core reserve assets, and investing in companies that focus on holding BNB .