Ah, mes chers amis, prepare yourselves for a scene most audacious: Nano Labs, a troupe of Web3 sorcerers hailing from China (but parading on the Nasdaq stage), now wishes to woo the fair maiden Binance Coin (BNB). Picture, if you will, a company waving a pocketful of dreams—$1 billion—in a quest to seize nearly 10% of all BNB in existence. One must admire such bravado; even Scapin would blush! 🤑
Shall this be the first chapter of a treasury revolution—where companies once smitten with Bitcoin now toss longing glances at multiple tokens? What next, a Web3 love triangle? Stay tuned, gentle spectators…
The First Act: A Mere $500 Million—Peanuts!
To launch this grand spectacle, Nano Labs enters with a flourish: a $500 million convertible note! Not content with mere coins in a coffer, these nobles favor zero-interest notes that mature in 360 days, transformable into Class A shares at $20 a pop. Qu’ils mangent de la crypto, non?
“Observe: Nano Labs, the Nasdaq-waltzing crypto mining chip conjuror, pens a $500 million convertible note to hoard BNB for its treasury, aspiring to be the Scrooge McDuck of altcoins!”
— Wu Blockchain (@WuBlockchain), 24th June 2025
Marvel, dear reader, at this financier playing both sides—declaring fealty to the old world of Wall Street while romancing the new one of blockchains. The audacity! The opportunism! The lack of shame! 🤹
But soft, who else doth covet BNB? Why, former nobles from Coral Capital scramble with $100 million purses, dreaming of institutional glory. Is BNB the new belle of the blockchain ball? How fickle fortune can be, when one is overlooked one day and the talk of Paris—the next!
When Bitcoin Was Love, BNB Is Now the Mistress
This twist was not written by the Fates in a single night. Recall—if your memory is not as short as a Parisian waiter’s patience—December 2024: Nano Labs flirted with Bitcoin payments, setting tongues wagging but pockets empty. Who could foretell that this dalliance would blossom into a lustful pursuit of BNB?
Indeed, Nano Labs now brags of aspiring to own 5%, perhaps even 10%, of BNB’s circulating dowry. Ambition, thou art a monstrous thing! (But if you have $1 billion, it’s arguably less monstrous. 🤨)
Stock Price Flies—Investors Cheer or Faint
And lo, the crowd goes wild! The ticker for Nano Labs (NA) leaps 107%—a feat even Molière’s most gifted buffoon would envy, gallivanting at $22.5. Clearly, the market adores a bold suitor chasing institutional BNB. Or perhaps they’re just here for the drama.
With BNB fluttering around $640, our trusty Nano Labs plots to become one of the greatest non-exchange BNB lords in the land. Will they triumph? Or shall it be an expensive comedy of errors? Cher lecteur, all the world’s a stage… and this one is lined with coins. 🎭
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2025-06-24 17:46