BNC Takes Top Spot as Largest BNB Holder with $160 Million Acquisition

Binance Coin (BNB) saw a significant surge in price following the news of BNC’s acquisition of 200,000 BNB. This move has cemented BNC as the largest corporate holder of the token, making it a strategic milestone for the company. BNC, formerly CEA Industries, invested $160 million to acquire this substantial amount, aligning with their new vision to emulate MicroStrategy’s approach to cryptocurrency asset accumulation.