BNC bought 200,000 BNB for $160 million, becoming the world’s largest corporate holder. It used funds from a $500 million ...

BNB treasury firm BNC buys 200,000 Binance Coins, becoming the largest corporate holder and planning up to $1.25 billion ...

BNC invests $160M in BNB, becoming the largest corporate BNB holder and signaling strong confidence in Binance Coin’s future ...

BNC (Nasdaq: BNC), the treasury management arm of CEA Industries Inc., has announced a landmark acquisition of 200,000 BNB ...

Nasdaq-listed CEA Industries (BNC) purchased 200,000 BNB worth $160 million, kickstarting its long-term plan of $1.25 billion ...

BNB Network Company has purchased 200,000 $BNB tokens, becoming the largest corporate holder globally. The acquisition is ...

Nasdaq BNC buys 200K BNB for $160M becoming largest corporate BNB holder globally following $500M private placement.

The acquisition comes shortly after the firm closed a $500 million private placement led by 10X Capital and YZi Labs.

The buy is “bullish in the short-term” but signals “top-down consolidation” that could erode crypto’s decentralization, ...

BNC’s record-breaking $160 million purchase signals growing corporate interest in the BNB coin as a reserve asset.

In a 10 August press release, the firm disclosed that it acquired 200,00 BNB assets, worth around $160 million.