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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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