SkyBridge Capital’s Anthony Scaramucci has doubts crypto treasuries have legs in the long run, arguing investors will start buying crypto instead of investing in companies that hold it.
Update (July 4 at 7 am UTC): This article has been updated to add a comment from a BNB Chain spokesperson.
Chinese microchip firm Nano Labs has officially kicked off its plan to hold up to 10% of the total circulating supply of BNB, with its first purchase of $50 million of the asset.
Nano Labs reiterated on Thursday that its long-term goal is to purchase up to $1 billion worth of BNB (BNB) and hold between 5% and 10% of the total circulating supply.
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