Nano Labs' stock price rose more than 65% before the market opened, after announcing the establishment of a BNB reserve strategy

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According to Foresight News, the pre-market stock of Nano Labs rose by over 65%, trading at $18.03 at the time of writing.

Foresight News previously reported that Nano Labs announced today a private placement of convertible bonds worth $500 million to establish a BNB reserve strategy.

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