💰NASDAQ listed company #BNC announces the purchase of 200,000 units $BNB , worth approximately $160 million

The publicly listed company BNB Network Company (NASDAQ: BNC) announced the purchase of 200,000 BNB, with a transaction amount of approximately $160 million, making it the world's largest institutional holder of enterprise-level BNB. The company previously completed a $500 million private placement led by 10 X Capital and established #BNB as a primary reserve asset.

The company has completed a management restructuring, appointing Galaxy Digital co-founder David Namdar as CEO, and former Chief Investment Officer of the California Public Employees' Retirement System (CalPERS) Russell Read and former Kraken executive Saad Naja joined the management team.$BNB