Aug 12, 2025
BNC Drops $160M on BNB, Now the Biggest Corporate Holder Worldwide
TLDR: BNC acquired 200,000 BNB worth $160M, securing the top spot as the largest corporate BNB holder worldwide. The move follows a $500M private raise led by 10X Capital and YZi Labs for a single-asset BNB strategy. BNB ranks as the fourth-largest cryptocurrency with $12.3B locked and strong network growth indicators. BNC may scale holdings [...]
The post BNC Drops $160M on BNB, Now the Biggest Corporate Holder Worldwide appeared first on Blockonomi.
Source: Blockonomi →Related News
- 24 minutes ago
Metaplanet Secures Shareholder Approval for $884M Capital Plan
- 1 hour ago
USD1 Stablecoin Hits Solana After Rapid $2.2B Market Cap Surge
- 2 hours ago
China’s Futian Investment Issues First Ethereum RWA Bond Worth $69M
- 3 hours ago
Ethereum Over Bitcoin? Matt Hougan Says Institutions Sometimes Start With ETH
- 4 hours ago
BNB Slips Below $860 as Traders Brace for U.S. Jobs Data