Nano Labs to repurchase $25M in shares using cash and crypto proceeds.

Nano Labs Ltd has announced a $25 million share repurchase program, authorizing the buyback of its outstanding shares over the next 12 months using cash and proceeds from crypto asset sales. The program, subject to market conditions, may include open market purchases, block trades, or private deals, and could be adjusted or halted at any time. The move reflects the company’s intent to return capital to shareholders and signals confidence in its financial health.