Nano Labs (NA) has entered into share subscription agreements with certain investors to sell 913,714 Class A ordinary shares of the company in a private placement. The purchase price per Class A ordinary shares is $6.46, and the aggregate purchase price of the Private Placement is approximately $5.9 million. The Aggregate Purchase Price will be satisfied in Bitcoin and USDT. The closing may take place in 10 business days.
As of February 21, 2025, the company holds a total of approximately 400 Bitcoins, with a current value of approximately $40 million.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.