As of December 10, Nano Labs holds approximately 55.6 BTC, valued at about 5.5 million USD

On December 11, the cryptocurrency mining chip design company Nano Labs announced that it has invested in Bitcoin through Hashkey, a licensed virtual asset trading platform in Hong Kong. As of December 10, 2024, the company holds approximately 55.6 Bitcoins worth about $5.5 million USD with an average price of around $99,400 USD including transaction fees. This strategic investment reflects the company's commitment to diversifying asset allocation while exploring potential applications of blockchain technology in high-performance computing and distributed storage solutions. A group of investors including FENBUSHI US, Longling Capital and Golden Forest have recently signed share subscription agreements with Nano Labs. The company will continue to closely monitor developments in the BTC market and adjust its investment scale and strategy as appropriate according to market conditions.(PRNewswire)