Welcome to our dedicated page for Nano Labs news (Ticker: NA), a resource for investors and traders seeking the latest updates and insights on Nano Labs stock.
Nano Labs Ltd (NA) provides investors and technology stakeholders with centralized access to official announcements and market developments from this innovative fabless IC designer. Track the company's advancements in high throughput computing chips, distributed storage solutions, and strategic blockchain integrations through verified press releases and financial disclosures.
This resource consolidates essential updates including quarterly earnings reports, product launch details, and partnership announcements. Users gain insights into NA's pioneering FPU architecture developments and ASIC innovations while monitoring its position within competitive semiconductor markets.
All content undergoes strict verification to ensure accuracy and relevance. The curated news feed enables efficient tracking of NA's progress in key areas: HTC/HPC chip design, smart NIC implementations, and distributed computing infrastructure. Regular updates reflect the company's agile response to evolving tech demands across AI hardware and edge computing sectors.
Bookmark this page for real-time access to Nano Labs' corporate communications and industry analysis. Combine these verified updates with Stock Titan's financial tools to maintain informed perspectives on semiconductor market dynamics.
Nano Labs (Nasdaq: NA) has announced its partnership with the Inaugural Presidential Crypto Ball, scheduled for January 17, 2025, at the Andrew W. Mellon Auditorium in Washington, D.C. The event, jointly hosted by BTC Inc. and Stand With Crypto, celebrates the 47th Presidential Inauguration and has secured support from major industry players including MicroStrategy, Coinbase, MetaMask, and Galaxy Digital.
The company's Chairman and CEO, Dr. Jianping Kong, will attend the event to engage with political, business, and blockchain industry leaders. This partnership aligns with Nano Labs' focus on blockchain and high-performance computing technologies development.
Nano Labs (Nasdaq: NA) has announced a strategic partnership between its subsidiary Nano bit HK and BitFi, a cryptocurrency asset management platform. The collaboration focuses on developing innovative Bitcoin asset management solutions. As part of this initiative, Nano Labs will adopt Bitcoin as a long-term strategic reserve asset, with Nano bit managing these assets.
BitFi will provide comprehensive solutions including asset custody, quantitative management, and value-enhancing strategies to ensure security and profitability of the reserve assets. This partnership represents a significant step in Nano Labs' global technological innovation and strategic ecosystem development, while highlighting BitFi's expertise in cryptocurrency asset management.
Nano Labs (Nasdaq: NA) announced the rebranding of its wholly-owned subsidiary Tsuki HK to Nano bit HK . The renamed subsidiary is expected to develop Bitcoin-related businesses and initiatives within the Bitcoin ecosystem. This strategic rebranding represents a significant milestone in the company's global technological innovation and ecosystem strategy. The company aims to drive blockchain infrastructure innovation and expand its presence in global markets through Nano bit's new business initiatives.
Nano Labs (Nasdaq: NA) has unveiled FPU3.0, a new ASIC architecture featuring advanced 3D DRAM stacking technology. The architecture achieves a fivefold improvement in power efficiency compared to its predecessor, FPU2.0. The design is optimized for AI inference and blockchain applications.
The FPU architecture consists of four core modules: Smart NOC (Network-on-Chip), high-bandwidth memory controller, chip-to-chip interconnect IOs, and FPU core. The FPU3.0 specifically incorporates stacked 3D memory with 24TB/s theoretical bandwidth and an upgraded Smart-NOC on-chip network, supporting various compute cores and traffic types.
Nano Labs (Nasdaq: NA), a leading fabless integrated circuit design company in China, has announced a significant increase in its Bitcoin holdings. As of December 12, 2024, the company possesses approximately 360 Bitcoins, valued at around US$36.22 million. This acquisition was facilitated through the licensed virtual asset exchange HashKey Exchange in Hong Kong. The average acquisition cost for these Bitcoin holdings is approximately US$99,700 per BTC, inclusive of transaction fees.
Nano Labs (Nasdaq: NA) has successfully closed its previously announced private placement, raising US$36.25 million through the sale of 5,611,459 Class A ordinary shares at US$6.46 per share. The aggregate purchase price was paid using a combination of U.S. dollars, Bitcoin, and USDT. The transaction was conducted as an unregistered offering under Section 5 of the Securities Act.
Nano Labs (Nasdaq: NA) announced its investment in approximately 55.6 Bitcoins through Hashkey, a licensed Hong Kong virtual asset trading platform. The investment is valued at about $5.5 million, with an average purchase price of $99,400 per BTC including transaction fees.
The company views this as a strategic investment to diversify its asset allocation while exploring blockchain technology applications in high-performance computing and distributed storage solutions. Additionally, Nano Labs has secured a share subscription agreement with investors including FENBUSHI US, Longling Capital, and Golden Forest.
Nano Labs (Nasdaq: NA) has announced a private placement agreement to sell 5,611,459 Class A ordinary shares to certain investors. The purchase price is set at US$6.46 per share, based on the average closing price of the previous 60 trading days. The total transaction value is approximately US$36.25 million, which will be paid in a combination of U.S. dollars, Bitcoin, and USDT.
The transaction is structured as an unregistered sale of equity securities, exempt from Section 5 of the Securities Act registration requirements. The closing is expected within 10 business days, subject to standard closing conditions.
Nano Labs (Nasdaq: NA) has announced a strategic partnership with HashKey Group to enhance their presence in the Web3 and blockchain ecosystem. Through this agreement, a Nano Labs subsidiary will establish a trading account on HashKey Exchange, a licensed virtual asset trading platform in Hong Kong, to invest in virtual assets and diversify its digital currency portfolio.
The collaboration aims to extend beyond digital asset trading to include Web3 technology development and blockchain ecosystem construction. Both companies' representatives expressed optimism about the partnership's potential to create value and accelerate Web3 industry development, particularly in light of favorable market trends and increasing institutional adoption of Bitcoin.
Nano Labs (Nasdaq: NA) has announced plans to purchase and hold $50 million worth of Bitcoin (BTC) over the next five years. The company, a leading fabless integrated circuit design firm in China, views this investment as a strategic move reflecting its confidence in BTC as a long-term store of value and fundamental asset in the Web 3.0 ecosystem. Nano Labs currently offers B series products for BTC mining and V series for ETC mining. The company notes that the purchase plan may be modified, suspended, or abandoned based on market conditions, regulatory changes, financial position, and other business factors.
