The Chinese manufacturer of chips Nano Labs shakes the crypto market with a spectacular ad: buy up to 10 % of the BNB in circulation. This represents nearly $ 1 billion. An ambitious strategy that questions as much as it fascinates!
In short
- Nano Labs wants to buy up to 10 % of the BNB in circulation for $ 1 billion.
- The markets doubt this crypto strategy since the action falls despite the investment of 50 million.
A colossal crypto bet: 10 % of the world's BNB in the viewfinder
Nano Labs has just achieved A new purchase of $ 50 million in BNB. Its primary objective: to constitute a business cash that is completely oriented Crypto. The company therefore now holds $ 160 million in digital assets (BNB and Bitcoin). According to His press releaseit aims to acquire between 5 % and 10 % of the circulating offer of the native token of Binance.
The market remains skeptical, however. Admittedly, the initial announcement of the plan had made the action leak by +106 %. But the latter dropped 6.7 % after the last purchase. The Crypto market has remained of marble. The proof: BNB only increased by 0.3 %.
Indeed, buying 10 % of the BNB would require more than $ 926 million at the current price. However, 71 % of the offer would still be owned by Binance and its ex-CZ CZ. This makes Nano Labs' objective almost unrealistic.
A criticized crypto strategy: Scaramucci launches the alert
As for Crypto experts, Nano Labs' strategy is not unanimous. Anthony Scaramucci, founder of Skybridge Capital, doubts for example the viability of the long -term crypto cash. According to him, it would be better to buy the token yourself directly if a company invests your $ 10 in BNB.
Even if he says he is bullish on Bitcoin, he invites investors in cryptocurrencies to look at the hidden costs linked to this type of structure. A recurring criticism for these companies whose valuation depends more on their tokens than on their real activity!
The crypto bet of Nano Labs therefore intrigues as much as it worries. Is it a strategic turning point or a risky runaway? In any case, the Crypto market observes and awaits.
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