- Nano Labs initiates $1B BNB treasury with $50M purchase.
- BNB price rises slightly following Nano Labs’ major acquisition.
- Altcoin treasuries grow as institutions diversify beyond Bitcoin holdings.
Nasdaq-listed web3 infrastructure firm Nano Labs has officially announced a major cryptocurrency acquisition, signaling strong support for Binance Coin (BNB). On July 3, 2025, the company disclosed a $50 million BNB purchase through an over-the-counter (OTC) transaction.
BNB Buy Marks First Step in Nano Labs’ $1B Treasury Plan
Nano Labs acquired 74,315 BNB at an average price of $672.45 per token. The move represents the company’s initial step toward building a BNB-focused digital asset treasury. With this purchase, Nano Labs’ total crypto holdings have climbed to approximately $160 million.
The firm revealed that its long-term plan includes accumulating up to $1 billion worth of BNB. Funding for the initiative will come through private placements and convertible notes, with $500 million already targeted in the early phase.
Nano Labs BNB Accumulation Sends Strong Market Signal
Following the announcement, the price of BNB rose slightly, touching around $665. Although not a massive rally, analysts suggest this could signal bullish momentum for BNB.
The treasury strategy at Nano Labs proposes to possess 5% to 10% of the total circulating supply of BNB. This might make the company one of the biggest holders of BNB among publicly traded companies, with approximately 140.88 million circulating out there in the market.
It is a concentrated treasury approach to choose BNB instead of other altcoins. Although Nano Labs already publicly revealed that it would focus on Bitcoin and BNB, it is clear that it is more determined to focus on Binance Coin in the future.
Altcoin Treasuries Rise as Nano Labs Leads BNB Push
While Bitcoin continues to dominate corporate treasuries, altcoins are quickly gaining ground. Ethereum and Solana have attracted institutional interest in recent weeks. Companies such as SharpLink Gaming and DeFi Development Corp have added substantial ETH and SOL to their reserves.
Nevertheless, the extreme purchasing of BNB by Nano Labs is prominent among the altcoins. The firm is the latest on the list of companies seeking alternative crypto assets to balance sheets. In the recent times, Build & Build Corporation has declared a $100 million fund that will be used to invest in BNB.
Nano Labs’ strategy adds weight to BNB as a treasury asset, which could also influence other institutions to follow suit. With this first $50 million buy, the company has laid a clear foundation for what could become one of the largest altcoin treasuries in the industry.
