BNB (Binance Coin) officially surged to $860 at 3:30 PM today, continuing to set a new historical high, with a 24-hour increase of 7.4% and a 32.4% rise over the past month, reaching a market capitalization of $119.3 billion.
BNB Market Cap Overtakes MicroStrategy, SoftBank, Nike
According to the latest data from 8marketcap, with BNB's market cap soaring, it has rapidly risen 11 positions in global asset rankings, surpassing companies like MicroStrategy, Nike, and SoftBank, claiming the 186th spot in global assets.
Nano Labs Adds 8,000 BNB
Besides on-chain activities and market sentiment, the recent BNB price increase is undoubtedly driven by institutional buying power. For example, BNB reserve company Nano Labs announced today via X platform that it has recently added 8,000 BNB through over-the-counter (OTC) trading, increasing its total holdings to 128,000 BNB, with a total value of approximately $108 million.
Nano Labs has increased its $BNB holdings to 128,000 tokens. At the current market price of $850 per BNB, the company's BNB strategic reserve now exceeds $108 million in total value.
This marks the latest progress in Nano Labs' long-term BNB reserve strategy. $NA is the first listed company to have a BNB reserve.
We are just getting started.