BNB Plus raises $4.1 million through the issuance of convertible preferred shares
According to ChainCatcher, Nasdaq-listed digital asset treasury company BNB Plus has announced it will raise $4.1 million through the issuance of B-1 and B-2 series convertible preferred stock. Crypto-native institutional investors such as Comstock Multichain Fund under Silvermine Capital Advisors and Off the Chain LP have participated. The funds raised will be used to increase digital asset reserves, provide working capital support, and explore AI infrastructure development opportunities. The company also disclosed that it currently holds over $16.4 million in cash and digital assets.
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