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88d 13h ago
Nano Labs to Early-Repay Convertible Bonds to Strengthen Risk Management as It Holds About 128,000 BNB
BNB
BNB/USDT
$647.23
+1.19%
$647.23
+1.19%
(24s)24h Volume
$689,589,079.15
24h H/L
$655.51 / $637.61
Change: $17.90 (2.81%)
Long/Short
72.8%
Long: 72.8%Short: 27.2%
Funding Rate
-0.0064%
Shorts pay
Data provided by COINOTAG DATALive data
COINOTAG News, November 12, citing Globenewswire, reports that Nano Labs (Nasdaq: NA) announced an upfront repayment of its convertible bonds to bolster risk management and safeguard investor rights amid a volatile crypto backdrop.
With ongoing macroeconomic uncertainty and persistent digital-asset price swings, management frames the move as reducing exposure to potential black swan shocks and boosting financial flexibility for balance-sheet resilience and future strategic options.
As of the end of July, the company reported holding approximately 128,000 BNB in its treasury.
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