BNC Makes $160M BNB Bet, Becomes Largest BNB Treasury Globally
11 Articles
11 Articles
The BNC company has purchased 200,000 BNB chips, for a total amount of approximately $160 million. As a result of this purchase, it becomes the largest BNB holder in the world among companies. This choice is not a simple investment. It is a new strategic direction. The BNC article invests $160 million in BNB and becomes the world's leading corporate holder has appeared first on Cointribune.
BNC purchased BNB for $160 million, placing it at the top of the global corporate holdings ranking. What BNC did: numbers and details...
LATEST: CEA Industries Buys $160 Million BNB, Becomes Largest Public BNB Holder
BNC, a subsidiary of CEA Industries, has become the largest publicly listed holder of Binance Coin (BNB) after acquiring 200,000 tokens for $160 million through its treasury arm, BNB Network Company. The move follows a strategic pivot from nicotine vapes to building a BNB-focused treasury, accompanied by a ticker change from VAPE to BNC. Last month, the Nasdaq-listed firm secured $500 million in private funding led by 10X Capital and YZi Labs, f…
BNB News: BNC Buys $160M in BNB, Price Pressures Resistance ETHNews
BNB is trading at $818 after an 18% monthly rally, fueled by Nasdaq-listed BNC’s $160 million purchase of 200,000 BNB to make it its primary reserve asset. With strong technical momentum and resistance at $825, a breakout could drive prices toward $850–$875, while support remains near $750. BNB is holding steady at $815, gaining 1.42% over the last 24 hours and up 7.48% for the week as bullish momentum builds. The rally comes after Nasdaq-listed…
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