{"id":33262,"date":"2025-06-23T17:46:50","date_gmt":"2025-06-23T17:46:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33262"},"modified":"2025-06-23T17:46:50","modified_gmt":"2025-06-23T17:46:50","slug":"hedge-fund-veterans-plan-100m-bnb-treasury-bet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33262","title":{"rendered":"Hedge Fund Veterans Plan $100M BNB Treasury Bet"},"content":{"rendered":"<div>\n<p>A group of hedge fund executives are planning to raise $100 million to buy Binance\u2019s BNB token through a Nasdaq-listed shell company.<\/p>\n<p>Former Coral Capital Holdings partners Patrick Horsman, Joshua Kruger and Johnathan Pasch aim to transform an unnamed public firm into Build &amp; Build Corporation.<\/p>\n<p>The company would then begin accumulating BNB as its primary treasury asset,<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-23\/hedge-fund-execs-eye-100-million-for-accumulating-bnb-token?sref=3REHEaVI\"> Bloomberg reports.<\/a><\/p>\n<p>If completed, the deal would mark the first time a public company adopts BNB as a reserve currency, providing stock investors indirect exposure to the token.<\/p>\n<p>The move comes amid a growing trend of corporations adopting bitcoin BTC and other cryptos as treasury reserve assets. Publicly-listed companies now hold an estimated 834,779 BTC worth more than $83.8 billion, <a href=\"https:\/\/bitcointreasuries.net\/\">BitcoinTreasuries<\/a> data shows.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A group of hedge fund executives are planning to raise $100 million to buy Binance\u2019s BNB 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 &amp; Build Corporation. The company would then begin accumulating BNB as its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33262","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33262"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33262\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}