According to Tradingview market data, the US stock "BNB version of micro strategy" BNC rose by more than 31% in pre-market trading, and its market value rose to US$14.38 million.

Earlier news broke that BNB Network Company (NASDAQ: BNC), a publicly listed company, had purchased 200,000 BNB tokens for approximately $160 million, making it the world's largest corporate BNB holder. The company previously completed a $500 million private financing round led by 10X Capital and established BNB as its primary reserve asset.