Nano Labs acquires another 600 BTC

Nano Labs, a Nasdaq-listed Chinese semiconductor manufacturer focused on crypto mining chips, shared via X that the firm has secured 600 BTC ($63.6 million) in its first round of fundraising through convertible notes. Currently, Nano Labs holds 1,000 BTC in total. Last December, Nano Labs announced it plans to purchase and hold $50 million worth of BTC over the next five years.