TLDR:Nano Labs adds 74K BNB in a $50M OTC deal to expand its crypto reserves.Total holdings hit $160M, including Bitcoin and Binance Coin.Company eyes up to $1B in BNB exposure, targeting 5–10% of supply.BNB price holds steady, with analysts forecasting potential rise to $816.Nano Labs has added $50 million worth of Binance Coin (BNB) to its growing crypto reserve, strengthening its position in the digital asset space. The purchase reflects a strategic move as the company works toward holding a major share of BNB’s circulating supply. With this addition, the firm’s reserve of mainstream cryptocurrencies now stands near $160 million. The company also revealed broader plans to invest significantly more into BNB. This development positions Nano Labs as a major institutional player in the crypto accumulation trend.Nano Labs OTC Purchase Pushes Reserve to $160 MillionAccording to a press release, Nano Labs acquired 74,315 BNB tokens through an over-the-counter deal. The average cost per token was around $672.45, making the total investment close to $50 million. This move increased the company’s total crypto holdings to roughly $160 million, covering assets like Bitcoin and BNB.Nano Labs stated the purchase is part of a long-term strategy to increase its exposure to BNB. The company intends to gradually scale its holdings using convertible notes and private placements as part of its initial investment phase. BREAKING Nano Labs just acquired approximately $50M worth of $BNB via OTC — bringing our mainstream digital asset reserve to around $160M.https://t.co/MrgpeSN0NB pic.twitter.com/XvrlnsqtMC— Nano Labs (@NanoLabsLtd) July 3, 2025Beyond the latest transaction, Nano Labs is setting ambitious targets for its BNB accumulation. The firm plans to buy up to $1 billion worth of BNB over time, pending market conditions and internal evaluations. The stated aim is to eventually hold between 5% and 10% of BNB’s total circulating supply.Company executives explained that the BNB strategy follows detailed assessments of its long-term utility and security. The purchase marks what the firm called a “successful first step” toward broader digital asset integration.BNB Price Holds Steady After AcquisitionFollowing the announcement, BNB’s market activity remained relatively stable. At publication, CoinGecko reported the token trading at around $659.82, down slightly by 0.33% in 24 hours but up 2.29% on the week. Trading volumes reached nearly $477 million in the same period.Crypto analyst @Morecryptoonl commented that if the current wave pattern holds, BNB could rally to $816, based on chart targets. The tweet pointed to the possibility of continued upward movement, depending on broader market sentiment.$BNB: If wave (B) has formed a low, then wave (c) should take the price to $816, which is the 100% extension target. pic.twitter.com/5TeZQmYALV— More Crypto Online (@Morecryptoonl) July 3, 2025Nano Labs’ announcement places it among a growing list of tech firms adding crypto to their balance sheets. The size and timing of the purchase suggest increased confidence in BNB’s future. Analysts will likely monitor follow-up purchases as the firm progresses toward its billion-dollar investment goal. By expanding its digital reserves, Nano Labs appears to be signaling a firm belief in crypto as a core financial asset. The post Nano Labs Boosts Digital Reserves with $50M BNB Acquisition, Eyes Bigger Stake appeared first on Blockonomi.