$BNB Treasury Vehicle Targets $100 Million Raise Following #MicroStrategy
$BTC Model
Former Coral Capital executives are planning to create Build & Build Corporation as a publicly traded
$BNB accumulation vehicle.
Patrick Horsman, Joshua Kruger, and Johnathan Pasch lead the initiative seeking Nasdaq listing.
The strategy mirrors MicroStrategy's approach, which accumulated over 592,000
$BTC in five years.
$BNB currently trades at around $630 with a market capitalization of $87.8 billion, making it the fifth-largest cryptocurrency.
Standard Chartered forecasts
$BNB could double in price due to increased network activity.
The #token serves as a utility asset for the Binance ecosystem and a native currency for the BNB Beacon Chain.
Recent #Bitcoin treasury adoptions include Japan's Metaplanet acquiring 1,111
$BTC and 21 Capital's emergence.
