Nano Labs Soars 15.23% on BNB Purchase, Stablecoin Approval

Generated by AI AgentAinvest Pre-Market Radar
Monday, Aug 11, 2025 5:54 am ET1min read
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Aime RobotAime Summary

- Nano Labs' stock jumped 15.23% pre-market on August 11, 2025, driven by BNB purchases and stablecoin approval.

- The company bought $50M worth of 74,315 BNB tokens, aiming to acquire $1B to hold 10% of circulating BNB supply.

- Kyrgyz Republic approved Nano Labs' CNH-pegged stablecoin project, expanding its digital asset market presence.

- Unaudited Q1 2025 financial results will be announced August 15, with an earnings call to discuss strategic direction.

Nano Labs' stock surged by 15.23% in pre-market trading on August 11, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Nano Labs, a leading Web 3.0 infrastructure and product solution provider, has been actively involved in the digital assets space, adopting BNBBNB-- as its primary reserve asset. The company recently purchased 74,315 BNB tokens for $50 million, demonstrating its commitment to the cryptocurrency market. This strategic move is part of Nano Labs' broader plan to hold a significant portion of the circulating supply of BNB, aiming for $1 billion in purchases to hold 10% of the circulating supply.

In addition to its cryptocurrency investments, Nano LabsNA-- has also received approval from the Kyrgyz Republic to proceed with its CNH-pegged stablecoin project. This approval is a significant milestone for the company, as it allows Nano Labs to expand its presence in the stablecoin market and further diversify its revenue streams.

Nano Labs is also set to announce its unaudited financial results for the first half of fiscal year 2025 on August 15, 2025. The company will host an earnings conference call to discuss its financial performance and provide insights into its future plans. This earnings call is expected to provide investors with valuable information about Nano Labs' financial health and strategic direction.

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