Nano Labs is a leading fabless IC design company dedicated to developing solutions such as HTC (High Throughput Computing) chips, HPC (High Performance Computing) chips, distributed computing and data storage solutions. Nano's custom FPU architecture maintains the reusability and iterability of the IP core to meet the computing requirements of high performance and high throughput. It provides a new basic framework for the design of HTC and HPC chips. In June 2021, Nano established its wholly owned subsidiary IPOLLO brand in Singapore to accelerate its expansion in the global IC market. Nano currently has three product categories: HTC solutions, HPC solutions, distributed computing and data storage solutions. The Cuckoo 1.0 chip designed by Nano, which contains high-bandwidth memory and logic capabilities with high computing performance, was released in the second quarter of 2020. It used the Nano FPU 1.0 architecture and was one of the first near-memory HTC chips on the market at the time. Cuckoo 2.0 takes a major step forward from Cuckoo 1.0 with higher performance and lower power consumption. The HPC solution-based Darkbird chip features high performance and energy efficiency to meet the specific needs of a variety of scenarios. In addition to HTC and HPC chips, Nano also offers a distributed computing and data storage solution that integrates unique optimization algorithms, large memory and ultra-high computing power, named the Darksteel family. Nanolab (NASDAQ :NA) announced that it recently increased its holdings of Bitcoin through HashKey Exchange, a licensed virtual asset exchange in Hong Kong, bringing its current total holdings to approximately 360 coins, valued at approximately $36.22 million.