PANews December 31 news, cryptocurrency mining chip design company Nano Labs Ltd (NASDAQ: NA) announced that its wholly-owned subsidiary Tsuki HK Limited has officially been renamed to Nano bit HK Limited. This strategic reshaping marks that Nano bit HK Limited will focus on developing Bitcoin-related businesses and ecosystem plans, becoming an important milestone in the company's global technological innovation and ecological strategy.
Earlier this month, it was reported that Nano Labs plans to purchase and hold $50 million worth of Bitcoin over the next five years.
