The first BNB version of MicroStrategy is born!
$NA Nabite (Nano Labs) announces a fundraising of $500 million in convertible bonds, fully investing in $BNB.
The notes can be converted into shares at $20 within a year, otherwise, the principal must be repaid.
The first phase goal: to allocate $1 billion worth of BNB, aiming to hold 5% to 10% of the circulating supply of BNB in the long term.
The mastermind behind Nabite (Nano Labs) is Kong Jianping @punk8185, co-founder of Canaan Creative $CAN.
Interestingly, Canaan Creative just announced a strategic contraction, focusing solely on mining machine business, while AI and other businesses have been restructured.
This operation is somewhat similar to:
$MSTR with $BTC
$SBET with $ETH
$DFDV with $SOL
$NA is doing the $BNB version of Strategy.
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