BNBPlus, a Nasdaq-listed firm accumulating BNB, raises $4.1M

BNBPlus (BNBX), a Nasdaq-listed company strategically accumulating BNB, announced on May 27 that it has raised $4.1 million through an issuance of convertible preferred stock. According to a press release, the investment round included participation from digital asset institutional investors such as Comstock Multichain Fund and Off The Chain LP. The company plans to use the funds to expand its digital asset reserves and as working capital for strategic reviews.