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

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

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

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

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

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.