Windtree Targets $720M BNB Treasury 🔎
Windtree secured $520M in equity financing, including a $500M credit line and $20M from Build and Build Corp, with 90% allocated to BNB purchases to build one of the largest public crypto treasuries.
> This follows a prior $60M commitment, bringing its total potential BNB buying power to $720M.
> Kraken will provide custody, OTC, and trading services once shareholders approve the plan.
> Windtree’s aggressive entry comes as more public companies boost their crypto holdings.
According to data from The Block, the total stacked market cap of crypto-holding public firms has surged past $180B as of July 2025, led by giants like MicroStrategy, Riot Platforms, and MARA Holdings.
> GameStop, Metaplanet, and 21 other firms are also contributing to this growth, with significant new positions in BTC, ETH, SOL, and now BNB.
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