According to Wu, Nasdaq-listed company Nano Labs announced that it has purchased 74,315 BNB at an average price of approximately $672.45 through OTC, with a total transaction amount of about $50 million, bringing its total reserves of Bitcoin and mainstream digital assets like BNB to around $160 million. The company stated that it has initiated a BNB strategic plan, aiming to increase its holdings to up to $1 billion in the future through convertible bonds and private sales, and plans to hold 5% to 10% of the total Circulating Supply of BNB in the long term.