June 23, 2025
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Hedge Fund Veterans Plan $ 100m Bnb Treasury Bet

The Move Comes Amid A Growing Trend of Corporations Adopting Bitcoin and Other Cryptocurrencies as Treasury Reserve Assets.”, – WRITE: www.coindesk.com

Hedge Fund Veterans Plan $ 100m Bnb Treasury BetThe Move Comes Amid A Growing Trend of Corporations Adopting Bitcoin and Other Cryptocurrencies as Treasury Reserve Assets. Jun 23, 2025, 4:53 PM

A Group of Hedge Fund Executives Are Planning to Raise $ 100 Million to Buy Binance’s

Token Through a nasdaq-Listed Shell Company.

Former Coral Capital Holdings Partners Patrick Horsman, Joshua Kruger and Johnathan Pasch Aim to Transform an Unnamed Public Firm Into Build & Build Corporation.

The company would then begin accounting bnb as itts primeary treasury asset, Bloomberg reports.

If completed, The Deal Willd Mark The FIRST TIME A PUBLIC COMPANY ADOPTS BNB As A Reserve Currency, Providing Stock Investors Indirect Exposure to the Token.

The Move Comes Amid A Growing Trend of Corporations Adopting Bitcoin

and Other Cryptos As Treasury Reserve Assets. PUBLICly-Lited Companies Now Hold An Estimated 834,779 BTC Worth More Than $ 83.8 Billion, Bitcointreasuries Data Shows.

Francisco Rodrigues

Francisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

Francisco Rodrigues

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