「BNB Version of MicroStrategy」 BNC Soars Over 31% in Pre-market Trading, Market Cap Rises to $14.38 Million

On August 11th, based on HTX market data, Story (IP) witnessed a 3% rise following the announcement on the "US Stock IP Treasury Company", and then it dropped by more than 8% and is currently priced at $6.5. After the news release, it declined by 3.3%. BlockBeats previously reported that Heritage Distilling Holding Company (NASDAQ: CASK) announced today that it has completed a $220 million private placement ($100 million in cash and $120 million in IP tokens). Heritage will raise $100 million in cash through the issuance of common stock and warrants, while receiving IP tokens from institutions such as the Story Foundation at a fixed price of $3.4 per share.

On August 11th, according to the report from businesswire, Heritage Distilling Holding Company (Nasdaq: CASK) announced today the completion of a $220 million private placement ($100 million in cash and $120 million in IP tokens). Participating in this placement were institutions such as Story Foundation, a16z crypto, and Amber Group to launch the world's first IP token digital asset treasury strategy. This transaction adopts a "Equity + Token" hybrid PIPE structure. Heritage will raise $100 million in cash by issuing common stock and warrants. At the same time, it will receive IP tokens from Story Foundation and other institutions at a fixed price of $3.4 per share. After the transaction, the company's treasury will hold approximately 52.5 million IP tokens (valued at $361 million based on the closing price of $6.8785 on August 10, 2025).

On August 11th, according to data from rockflow (accessible at https://rockflow.ai/en/crypto-stocks?utm_campaign=blockBeats and targeted to _blank), the stock price of the newly established "IP Treasury Strategy" company, Heritage Distilling (CASK), experienced a 15% decline in pre-market trading and reached $0.59. Previously, BlockBeats reported that Heritage Distilling Holding Company (NASDAQ: CASK) announced today that it has successfully completed a $220 million private financing ($100 million in cash and $120 million in IP tokens). This financing round was led by the Story Foundation and institutional investors such as a16z crypto and Amber Group. The funds will be utilized to launch the world's first IP token digital asset treasury strategy.

On August 11th, as per stocktitan, the US-listed company Safety Shot (Nasdaq: SHOT) announced a strategic alliance with a founding contributor of BONK and officially entered the field of Decentralized Finance (DeFi). Under the terms of the agreement, the company will receive $25 million worth of BONK tokens and will issue preferred shares convertible into common stock with a total value of $35 million in exchange. This enterprise, which has $15 million in cash and has paid off all its debts, chose BONK as its financial strategy target mainly considering the token's competitive advantages. Built on the Solana blockchain, BONK has high-speed transaction capabilities and a deflationary tokenomics model. Currently, it has a market capitalization exceeding $2 billion and 980,000 on-chain holders.

On August 11th, based on rockflow data, the US-listed company Safety Shot (SHOT) announced the launch of the BONK Treasury Strategy, resulting in a 9.65% increase in SHOT's pre-market trading. The company's current market value is reported to be $164 million. According to HTX market data, BONK surged by more than 3% in a short period and is currently priced at $0.00002688. BlockBeats previously reported that the US-listed company Safety Shot (NASDAQ: SHOT) announced a strategic alliance with the BONK founding contributor and officially entered the decentralized finance (DeFi) field. According to the agreement, the company will receive $25 million worth of BONK tokens and issue preferred shares convertible to common stock with a total value of $35 million.

August 11th. According to official information, Binance Finance announced an upgrade to BFUSD in order to enhance the user experience. Commencing at 08:00 on August 14th, 2025 (UTC+8), users will no longer be required to possess a futures account and can directly subscribe to and redeem BFUSD through Binance Finance. To facilitate this upgrade, all user subscriptions and redemptions between 13:00 and 22:00 on August 13th, 2025 (UTC+8) may be impacted. To ensure the smoothness of user transactions, please refrain from performing subscription and redemption operations during the upgrade. Users currently holding BFUSD in futures accounts can transfer BFUSD to spot accounts for redemption. Starting from 08:00 on August 14th, 2025 (UTC+8), users will no longer be able to subscribe to and redeem BFUSD through Binance Futures.