A Nasdaq-Listed Stock Surges More than 100% After Unveiling $1 Billion BNB Token Buying Plan

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A Nasdaq-Listed Stock Surges More than 100% After Unveiling $1 Billion BNB Token Buying Plan

coindesk.com/markets/2025/06/24/a-nasdaq-listed-stock-surges-more-than-100-after-unveiling-1-billion-bnb-token-buying-plan

, a Nasdaq-listed designer of high-throughput computing chips, has struck a private agreement to sell $500 million in convertible notes that mature in 360 days to buy Binance's BNB BNB token for its balance sheet.
The unsecured notes will carry no coupon and can be swapped at any time…

This story appeared on coindesk.com, 2025-06-24 15:06:27.