BNB Plus Corp. Expands Treasury With 3,349 Additional BNB Tokens, LineaRx Nears Profitability And Launches New Website And Rebrand
Benzinga Newsdesk 11 months ago
CryptocurrencyNewsMarkets
Company Acquires 3,349 Additional BNB TokensLineaRx Subsidiary Expected to Narrow Losses and Approach Profitability in FY26Q1Company Launches New Corporate Website and BrandingBNB Plus Corp. (NASDAQ:BNBX) ("BNBX" or the
Company Acquires 3,349 Additional BNB Tokens
LineaRx Subsidiary Expected to Narrow Losses and Approach Profitability in FY26Q1
Company Launches New Corporate Website and Branding
BNB Plus Corp. (NASDAQ:BNBX) ("BNBX" or the "Company"), today provided a corporate update highlighting its recent strategic treasury growth, expected significant narrowing of losses at its LineaRx, Inc. ("LineaRx") subsidiary, and the launch of a new corporate website and branding.
Significant Addition to BNB Treasury
The Company has opportunistically deployed an additional approximately $3 million to acquire additional BNB tokens at an average price of approximately $895 per token, further strengthening the Company's yield focused BNB treasury strategy. The Company now holds a total of approximately 18,840 BNB through direct holdings and OBNB trust units.