A major move has shaken the crypto world once again. BNC Treasury has officially announced the purchase of 200,000 Binance Coin (BNB) worth $160 million USD, making it the largest publicly traded company holding BNB.

BNC’s Strategic Move

In its official statement, BNC described the acquisition as part of its long-term strategy to strengthen the company’s digital asset reserves. BNB was chosen due to the extensive Binance ecosystem, high token utility, and consistent global adoption growth.

> “We believe BNB holds strong fundamental potential to become one of the most valuable digital assets in the next decade,” said BNC’s management.

Dominating Market Position

With this latest purchase, BNC’s BNB holdings surpass those of any other publicly listed company owning the token. This move places BNC in a strategically advantageous position — both financially and as an influential player within the Binance community.

On-chain data shows that BNC’s total BNB holdings have now reached over 200,000 BNB, with the majority stored in cold wallets for maximum security.

Impact on Price & Market Sentiment

While this massive transaction did not immediately cause a significant price surge, market sentiment has turned positive. Many analysts believe this move could further boost investor confidence in BNB, especially amid the rising adoption of DeFi, NFTs, and Web3 on the Binance Smart Chain.