💰+ 🔶 Ex-hedge fund managers want to raise $100 million to buy $BNB , following the example of MicroStrategy
📢 A group of former Coral Capital executives (Patrick Horsman, Joshua Krueger, Jonathan Pash) is creating Build & Build Corp. to go public on the Nasdaq.
- The goal: to accumulate BNB as the main asset, similar to MicroStrategy and Bitcoin.
- It will be the first public company with BNB on its balance sheet
- The founder of Binance CZ commented: "BNB is a public blockchain that is not affiliated with Binance Holdings. But we support the initiative."
- Current price of BNB is ~$624, capitalization ~$87.8 billion.
💡 What it means:
1️⃣ BNB is gaining new momentum as a “sobering asset” for public companies.
2️⃣ This can increase the token's legitimacy and stimulate institutional interest.