BNC's purchase of 38,888 BNB for $33 million solidifies its position as the largest corporate holder of BNB, targeting 1% of total supply by 2025.

BNC's $33 Million BNB Purchase Solidifies Position as Largest Corporate Holder

BNC (Nasdaq: BNC) announced the purchase of 38,888 BNB tokens for approximately $33 million, further solidifying its position as the largest corporate BNB holder. The company aims to control 1% of the total BNB supply by the end of 2025.

Event Details

On September 2, 2025, BNC announced it increased its BNB holdings to 388,888 tokens, worth approximately $330 million. This move aligns with the company's strategy to establish a significant digital asset treasury focused on BNB, similar to MicroStrategy's approach with Bitcoin.

Market Implications

BNC's focused accumulation strategy could drive demand and potentially increase the price of BNB. The company's CEO, David Namdar, believes BNB has