Nano Labs announces acceptance of Bitcoin as payment for its products and services

ChainCatcher news, according to Cointelegraph, the cryptocurrency mining chip design company Nano Labs announced that it now accepts Bitcoin as payment for its goods and services through a business account on Coinbase, with its stock price rising slightly.

Nano Labs stated that as the "adoption of cryptocurrency continues to grow, especially among businesses seeking efficient and secure cross-border transactions," it is "taking a proactive stance in the evolving digital economy."

According to Nano Labs, "the adoption of Bitcoin will provide greater payment flexibility," but it did not provide any details on whether it intends to hold the cryptocurrency on its balance sheet.