China Properties Investment Buys 402.91 BNB for About HK$2 Million
The company disclosed on March 24 that it purchased BNB in the open market as part of its previously stated plan to hold BNB and other suitable digital assets as strategic reserve assets.
BNB
Summary
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Terms & Concepts
BNB: The native cryptocurrency of the BNB Chain (blockchain network linked to Binance), commonly used for payments, trading fees, and ecosystem activity.
Strategic reserve assets: Assets a company holds on its balance sheet for longer-term treasury or capital allocation purposes, rather than for immediate operating use.