BNB Network Company (BNC) has made a landmark purchase of 200,000 BNB tokens worth $160 million, cementing its position as the largest corporate holder of Binance Coin. This acquisition follows a massive $500 million private placement led by 10X Capital and YZi Labs.

$BNB

The move officially transforms the Nasdaq-listed firm into a crypto-first treasury powerhouse — with BNB as its primary reserve asset.

> “我们宣布，现在我们是全球最大的BNB储备.

$BNB是资产，$BNC是股票代码! (Nasdaq: $BNC)”

— 10X Capital (@10XCapitalUSA)

---

🛠 Strategic Leadership Overhaul for a BNB-Focused Future

BNC has reshuffled its leadership to drive this bold strategy:

David Namdar (Co-founder, Galaxy Digital) as CEO

Russell Read (ex-CIO, CalPERS)

Saad Naja (former Kraken director)

Board additions: Hans Thomas & Alexander Monje from 10X Capital

This comes amid a 2025 wave of corporate BNB adoption:

Nano Labs: Bought 74,315 BNB for $50M in July.

Windtree Therapeutics: Allocated 99% of $520M funding to BNB.

Build and Build Corp: Seeking $100M for BNB, following the MicroStrategy-style model for altcoin reserves.

---

📈 BNB Hits All-Time Highs, Market Cap Surpasses Nike 👟

BNB recently surged to $861.20, pushing its market cap to $119B — overtaking Nike.

July Gains: +31.47%

Daily Trading Volume: $3.85B (+98% MoM)

---

💹 Altcoin Treasury Revolution — Beyond Bitcoin

Corporates are now diversifying into Ethereum, Solana, XRP, and BNB:

SharpLink Gaming: Largest corporate ETH holder with 521,939 ETH staked ($2B+ value).

BIT Mining: Raising up to $300M for Solana treasury.

Sol Strategies: Holds 420K+ SOL, filing for Nasdaq listing.

Trend Driver: Bitcoin dominance fell from 64.5% in June to 59% in August, signaling capital rotation into altcoins.

---

🌐 BNB Chain Dominates Blockchain Metrics

BNB Chain now leads DEX volumes, processing $5.06B in a single day — beating Ethereum & Solana. It also:

Generates $3.96M in app revenue (vs ETH’s $2.39M)

Offers Institutional Loans with up to 4x leverage

Records 59K daily deposits during peaks — 2x Coinbase

---

💰 CZ’s Net Worth Soars to $75B

Binance founder Changpeng Zhao (CZ) owns ~64% of BNB’s supply (~98M tokens), plus a 90% stake in Binance. With BNB at ATH, CZ now ranks among the world’s top 25 richest people — potentially on track to surpass Warren Buffett. 🤑

---

🔮 What’s Next for BNB Chain?

Targeting 20,000 TPS by 2026

<150ms confirmation times

Native privacy features & upgradeable virtual machines for institutional adoption