Nano Labs buys bitcoins worth $5.5M

seekingalpha
2024-12-10
  • Nano Labs (NASDAQ:NA) said it has invested in bitcoins (BTC-USD), and now owns ~55.6 BTC, valued at about $5.5 million as of December 10.
  • The firm purchased bitcoin at an average price of ~$99,400 per BTC.
  • This comes after the company has said earlier in December that it plans to purchase and hold $50 million worth of bitcoin (BTC-USD) over the next five years.

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