Nano Labs, a crypto mining chip design company, announced that it has invested in bitcoin through Hashkey, a licensed virtual asset trading platform in Hong Kong. As of December 10, the company holds about 55.6 bitcoin, worth about 5.50 million US dollars, and the average price is about 99,400 US dollars per bitcoin (including transaction fees). In addition, Nano Labs also disclosed that institutional investors such as FENBUSHI US, Longling Capital, and Golden Forest have signed share purchase agreements with it. The specific amount has not been disclosed yet. Nano Labs will continue to pay close attention to the development of the bitcoin market and adjust the investment scale and strategy in a timely manner according to market conditions.