Stock Taper 
| DATE | TYPE | RATIO |
|---|---|---|
| 2024-11-04 | Reverse | 1:10 |
Nano Labs Ltd, founded in 2019 and based in Hangzhou, China, designs high-performance computing chips and solutions for enterprises and individuals, including distributed computing, storage, network interface cards, vision chips, and software R&D.
Nano Labs' iPollo V2 series, launched in January 2025, offers energy-efficient, high-performance home cryptocurrency mining equipment with models like V2H and V2X for a seamless mining experience.
In a significant strategic move, Nano Labs Ltd entered into a convertible notes purchase agreement to issue $500 million in convertible promissory notes. The company announced plans to use the proceeds, along with private placements, to acquire $1 billion worth of Binance Coin (BNB), signaling a major pivot towards building a substantial cryptocurrency reserve.
In a dramatic strategic transformation, Nano Labs shifted its primary business model from a Web 3.0 infrastructure provider to a company focused on building a substantial cryptocurrency reserve. The company initiated a series of major capital raises to fund the acquisition of Binance Coin (BNB), fundamentally altering its core strategy and tying its future performance to the digital asset market.
National Bank of Canada (TSE: NA - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of C$210.79 and traded as low as C$200.71. National Bank of Canada shares last traded at C$202.65, with a volume of 1,526,264 shares
Overall rating: B+
| PEER | PRICE | |
|---|---|---|
 SILC | $55.96 | COMPARE |
 ASYS | $16.28 | COMPARE |
 GCTS | $2.08 | COMPARE |
 ATOM | $4.13 | COMPARE |
 MX | $3.10 | COMPARE |
 INVE | $2.37 | COMPARE |
 VHC | $12.11 | COMPARE |
 WKEY | $6.09 | COMPARE |
