Windtree Therapeutics Don Launch $200M BNB Treasury Strategy
Windtree Therapeutics, na be NASDAQ-listed biotech company, don launch $200M securities purchase agreement wit Build & Build Corporation to carry out their BNB treasury strategy. Di deal go make am possible for Windtree to raise extra $140M, wey dem go fund wit cash, Osprey BNB Chain Trust shares plus BNB tokens. Di shares jump 14.44% for pre-market after dem announce am. As di first NASDAQ company to offer direct Binance Coin exposure, Windtree dey target institutional investors and retail traders. Di BNB treasury strategy dey leverage daily trading volumes wey pass $2B to optimize liquidity and diversify asset portfolios. Di executives, Jed Latkin and Patrick Horsman, talk about dis new crypto treasury management approach. As of di time dem publish am, BNB dey trade at $717, wey don rise 9% over di last 14 days but e still dey 8.6% below im all-time high.
Bullish
Windtree's BNB treasury strategy fit to make BNB price go up. Short-term, di stock wen 14.44% for pre-market suddenly waka and dem plans to buy BNB tokens show say people want am more, which go push price higher. Long-term, Windtree use for bigger institution and dem increase di tokens wey dem get show say dem believe BNB well as treasury thing, e fit make more money enter and market steady well well.