The regular army of BNB micro strategy is coming I just saw that BTCM's stock price has risen by 350% before trading after announcing the Sol micro strategy. It seems necessary to write about the progress of today's BNB micro strategy. This morning, @ yzilabs made a big announcement that the BNB micro strategy company established by @ 10XCapital USA in the United States has been stamped and certified. In theory, this matter actually has great significance for BNB and Binance. @ ellazhang516, the head of Labs, stayed up all night and tweeted. But after scrolling through social media, it seems that there aren't many people discussing it, and even the BNB I bought after seeing the news only pulled a little bit after the news of daily destruction came out. I don't know if it's because of the NA damage caused by borrowing the "BNB micro strategy" before, but now everyone doesn't believe it anymore 😂😂😂 The harvesting of NA and the subsequent decision to switch from buying BNB to buying BTC are really ridiculous. I spent some time reviewing today's news and found that there was still some material: ▶️ 10XCaptial is a New York based asset management company founded in 2004. Its investment portfolio includes several well-known companies such as Robinhood, BitPay, Bitwise, Valkyrie (acquired by CoinShares), and Circle. The company has a well-established network and reputation in the investment and financial industries in the United States. ▶️ The team has extensive experience, including founder and CEO Hans Thomas (who has been involved in technology and financial investments since 1999), Chief Investment Officer Dr. Russell Read (who previously served as Chief Investment Officer for CalPERS and Alaska Permanent Fund), and former Kraken board member Saad Naja. ▶️ Cohen&Company, Clear Street, and other traditional financial institutions are involved and plan to go public in the future (they have not yet gone public, so they are different from other companies that harvest stock prices by offering favorable news). ▶️ We will establish genuine and auditable positions, transparent custody, verification, and disclosure of BNB assets, and refuse to talk nonsense. ▶️ The Labs stamp indicates that it is unlikely for this company to symbolically buy some BNB and then cut off a wave by boosting its stock price. ~~~~~~~~~~~~~ A reliable, publicly traded micro strategy company that can be recognized by American institutions and continuously buys BNB is of great significance for several reasons: 1. This will be the first attempt by BNB to open up to institutional investors in the form of US stocks, meaning that BNB is no longer an "exchange platform coin", but rather a "encrypted version of SPY/GLD" that can be included by traditional asset management institutions. If it can be proven that this BNB micro strategy company is not a quick shell company but a continuous firm buying and holding, it will significantly increase the acceptance of traditional funds (especially in the United States), which is a major positive for BNB prices and Binance's future entry into the US market. Institutional buying is more stable and long-term than retail buying, playing a stabilizing and amplifying role in BNB prices. 2. Changes in the nature of BNB tokens Previously, BNB was the platform coin of Binance Exchange and the native token of @ BNBCHAIN. Its main purpose was to pay for gas and participate in ecological projects such as Launchpool and DeFi. The narrative was similar to that of ETFs that did not pass ETH before. But when BNB Micro Strategy Company intends to use BNB as its core holding asset and issue securities based on this underlying asset. At this point, the target of holding is no longer Gas and other functions, but rather like MicroStrategy buying BTC and turning the BTC narrative into "digital gold", transforming BNB from the role of Gas to a valuable asset reserve, which is an investment asset. Maybe it is "treasury bond like money security"? Once a consensus is formed, the market will give it new valuation models (such as price to earnings ratio, market value/GDP, etc.). ~~~~~~~~~~~~~ Simply put: In the past, BNB was a tool, but now someone is trying to make it a "part of the crypto finance infrastructure". To be honest, as one of the "retirement monsters" of BNB, I am a bit numb to the fact that the price of the currency has not fluctuated much and the empowering returns of BNB are decreasing day by day. I sincerely hope that the regular army of BNB micro strategy can enter soon and bring some surprises to everyone. @Would you recommend buying the stock of CZ_Sinance if it goes public in the future? 😆