BNC Buys $160 Million BNB Token, Becomes World’s Largest Corporate Holder

BNC2.09%
BNB0.58%
TOKEN-0.64%

Story Highlights* BNC spends $160M on 200K BNB, becoming world’s biggest corporate BNB holder.

  • Backed by $500M funding round from 10X Capital and YZi Labs for major buy.
  • Company plans to expand BNB investment to $1.25B through warrant structure flexibility.
  • BNB price jumps 8% weekly, hitting $819 after news of BNC’s large purchase.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments