{"id":55336,"date":"2025-07-03T15:55:38","date_gmt":"2025-07-03T15:55:38","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bnb-price-outlook-as-nano-labs-scoops-50m-bnb-tokens\/"},"modified":"2025-07-03T15:55:38","modified_gmt":"2025-07-03T15:55:38","slug":"bnb-price-outlook-as-nano-labs-scoops-50m-bnb-tokens","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bnb-price-outlook-as-nano-labs-scoops-50m-bnb-tokens\/","title":{"rendered":"BNB price outlook as Nano Labs scoops $50m BNB tokens"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bnb-price-treasury-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bnb-price-treasury-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bnb-price-treasury-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bnb-price-treasury-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Nano Labs has acquired $50 million more worth of BNB tokens.<\/li>\n<li>The company\u2019s BNB purchase brings its\u00a0cryptocurrency holdings to about $160 million.<\/li>\n<li>BNB price did not explode on the news, but looks primed for a bullish breakout.<\/li>\n<\/ul>\n<p>Nano Labs Ltd, a Nasdaq-listed web3 infrastructure provider, has added to its BNB (BNB) haul with another purchase, this time scooping $50 million worth of the Binance Coin in over-the-counter deals.<\/p>\n<p>The BNB buy, which Nano Labs announced on July 3, 2025, bolsters its cryptocurrency holdings to about $160 million. <a href=\"https:\/\/coinjournal.net\/news\/tag\/bnb\/\">BNB price<\/a> surged briefly on the news, breaking to around $665.<\/p>\n<h2>Nano Labs buys $50 million BNB via OTC<\/h2>\n<p>Nano Labs Ltd <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/07\/03\/3109830\/0\/en\/Nano-Labs-Has-Purchased-About-US-50-Million-BNB-Expands-Digital-Asset-Reserves-to-around-US-160-Million.html\" target=\"_blank\" rel=\"noopener\">announced<\/a> its acquisition of 74,315 BNB tokens on July 3, 2025.<\/p>\n<p>Specifically, the company said it had acquired BNB worth roughly $50 million through an over-the-counter (OTC) transaction. The purchase, which aligned with an uptick in BNB price, was at the average price of $672.45 per token.<\/p>\n<p>Nano Labs\u2019 digital asset reserves, which include Bitcoin and BNB, are now up to around $160 million.<\/p>\n<p>For BNB, the Nasdaq-listed company\u2019s move highlights its commitment to BNB\u2019s long-term value, with an ambitious goal to acquire up to $1 billion worth of BNB through convertible notes and private placements in its initial phase.<\/p>\n<p>The company aims to hold between 5% and 10% of BNB\u2019s total circulating supply, currently around 140.88 million tokens, as a long-term treasury strategy.<\/p>\n<p>Nano Labs\u2019 latest move follows an earlier one that came amid the announcement of a $500 million convertible notes agreement on June 24, 2025. The goal of the raise was to fund the company\u2019s BNB accumulation.<\/p>\n<p>Other companies have also recently signaled interest in BNB as a treasury asset.<\/p>\n<p>Last month, a group of hedge fund veterans, including Patrick Horsman, Joshua Kruger, and Johnathan Pasch, formerly of Coral Capital Holdings, announced plans to <a href=\"https:\/\/coinjournal.net\/news\/bnb-price-forecast-will-the-launch-of-a-bnb-treasury-firm-spur-a-bnb-rally\/\">raise $100 million<\/a> through a Nasdaq-listed entity, Build &amp; Build Corporation, to invest in BNB.<\/p>\n<h2>BNB price outlook<\/h2>\n<p>The BNB price has shown resilience, trading at approximately $663 as of July 3, 2025, with a market capitalization exceeding $93.5 billion.<\/p>\n<p>Nano Labs\u2019 recent purchase and other institutional moves have fueled bullish sentiment.<\/p>\n<figure id=\"attachment_319613\" aria-describedby=\"caption-attachment-319613\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-319613\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/07\/BNBUSD_2025-07-03_18-00-50.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-319613\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/BNBUSD\/\" target=\"_blank\" rel=\"noopener\">BNB chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>The technical picture shows BNB trading within an ascending channel on the daily chart, nearing the upper trendline.<\/p>\n<p>RSI is at 57 and upsloping to suggest bulls have room to explore potential gains, while the MACD remains has signalled strength with a recent bullish crossover.<\/p>\n<p>If gains materialize, key supply zones may be around $688 and $750. Meanwhile, psychological support remains at the $600 area.<\/p>\n<p>In May, Standard Chartered predicted that the price of BNB could skyrocket to highs of $2,775 in the next three years.<\/p>\n<p>The 2028 price forecast for BNB highlighted the cryptocurrency\u2019s potential amid its strengths, including a deflationary model and exchange-linked BNB utility.<\/p>\n<p>BNB reached its all-time high of $793 in December 2024.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bnb-price-outlook-as-nano-labs-scoops-50m-bnb-tokens\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Nano Labs has acquired $50 million more worth of BNB tokens. The company\u2019s BNB purchase brings its\u00a0cryptocurrency holdings to about $160 million. BNB price did not explode on the news, but looks primed for a bullish breakout. Nano Labs Ltd, a [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":55337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55336"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=55336"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/55337"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=55336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=55336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=55336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}