Changpeng Zhao Teases 'BNB MicroStrategy' As Ex-Hedge Fund Executives Reportedly Seek To Test Michael Saylor's MSTR Playbook

Changpeng Zhao Teases 'BNB MicroStrategy' As Ex-Hedge Fund Executives Reportedly Seek To Test Michael Saylor's MSTR Playbook

Ex-executives of a cryptocurrency hedge fund are reportedly aiming to raise $100 million to invest in the BNB (CRYPTO: BNB) token, in a move seen as replicating Michael Saylor's Bitcoin (CRYPTO: BTC) treasury s

Wall Street's Strategic $100M Investment to Integrate Binance's BNB into Nasdaq

Introduction: Wall Street’s Bold Move into Cryptocurrency In a groundbreaking development, a consortium of former hedge fund executives is set to raise $100 million to invest in Binance’s BNB token. This initiative aims to integrate BNB into the traditional financial ecosystem by utilizing a Nasdaq-listed shell company, which will be rebranded as Build & Build Corporation. The move signifies a strategic effort to bridge the gap between cryptocur…

Will the launch of a BNB treasury firm spur a BNB rally?

Key takeaways Binance’s BNB is up 2.5% in the last 24 hours but could rally higher amid a strong market recovery. Former executives from Coral Capital Holdings are planning to launch a BNB treasury firm, and this could see BNB’s price surge. Build & Build Corporation to raise $100M to launch a BNB treasury Former executives from Coral Capital Holdings have launched a firm called Build & Build Corporation and intend to invest in a BNB treasury. T…

CZ hypes ‘BNB MicroStrategy’ as corporate reserve interest grows

Former Binance CEO and founder Changpeng Zhao is cheering the growing institutional spotlight on BNB as more firms move to tap the token as a reserve asset. In a July 24 X post, Zhao praised China-based Labs cryptocurrency-mining chip designer…

Crypto hedge fund veterans target $100m BNB treasury play

A group of former crypto hedge fund executives are aiming to raise $100 to build the first publicly traded company with the BNB token as its core treasury asset — a novel twist on the bitcoin balance sheet strategy pioneered by MicroStrategy, according to a report by Bloomberg. The report cites investor materials seen by Bloomberg as showing that the team – Patrick Horsman, Joshua Kruger, and Johnathan Pasch, all formerly of Coral Capital Holdin…

New Crypto Fund Eyes BNB, Pursues Nasdaq Listing

This new firm specifically targets Binance’s prominent exchange token, BNB, aiming to build a substantial portfolio within the burgeoning digital asset space. Bloomberg exclusively reported these critical developments on Monday, revealing a bold strategy to secure significant capital for this endeavor. Strategic Funding and Public Ambitions The newly formed entity, aptly named Build & Build Corporation, has set an ambitious target to raise $100 …