🚨 BNC Becomes Largest Corporate Holder of Binance Coin (BNB)
📊 Nasdaq-listed BNC (formerly VAPE) just made a major move — acquiring 200,000 BNB for $160 million, becoming the largest corporate holder globally. This follows their ambitious BNB Treasury plan, which sparked a remarkable 550% rally in BNC’s stock price!
📢 Funded through a $500M private placement led by 10X Capital and YZi Labs, BNC plans to continue accumulating BNB, with potential investments soaring up to $1.25 billion. With the new ticker BNC, CEA Industries is clearly doubling down on exposure to the BNB ecosystem.
🌐 Despite 250 million BNB users and $9.3 billion in daily trading volume, BNB remains underrepresented in the US market. BNC aims to bridge that gap by enabling institutional investors to access BNB exposure without holding tokens directly.
📈 This strategic move isn’t just about reserve assets — it’s a growth opportunity tied to one of crypto’s strongest ecosystems.
🚀 After a recent pullback, BNC stock has bounced back strongly and is trading above $17 as of last Friday.
https://coingape.com/bnb-treasury-firm-bnc-acquires-200000-binance-coins-becomes-largest-corporate-holder/?utm_source=bnb&utm_medium=coingape
