BNB Plus Raises $4.1M via Convertible Preferred Stock to Expand Digital Asset Holdings

According to ChainCatcher, Nasdaq-listed digital asset treasury company BNB Plus announced it has raised $4.1 million through issuance of Series B-1 and B-2 convertible preferred shares. The funding round included participation from crypto-native institutions including Comstock Multichain Fund and Off the Chain LP.

Proceeds will be allocated toward increasing digital asset reserves, supporting operational costs, and exploring AI infrastructure opportunities. BNB Plus disclosed it currently holds over $16.4 million in cash and digital assets.