Jiang Zhuoer: Already sold BNC stock tokens before the US stock market opened, waiting for a drop to buy back in.

BlockBeats news, September 21: Jiang Zhuoer, founder of LEBIT Mining Pool, posted that he sold BNC stocks before the U.S. stock market opened. He stated, "The stock has already risen significantly over the weekend (on-chain), and it will definitely dump when the U.S. market opens. I'll buy back in after it drops for a while."

On September 18, Jiang Zhuoer explained the investment logic of BNCB: BNCB's holdings have risen again, now reaching $17.28 million; in the comparative data he cited, this scale has surpassed Coinbase- and MSTR-related targets and is approaching Tesla-related targets. He believes that BNCB is equivalent to gaining BNB exposure at about 58% of the price.

BNC is a BNB treasury company controlled by Binance, and BNCB is the Binance bStock token corresponding to BNC. He believes that Binance listing BNCB is intended to direct crypto market funds toward the U.S. stock BNC and form a "coin-stock flywheel" similar to MSTR.

He pointed out that BNB's current total market capitalization is about $94 billion, while BNC's market capitalization is only about $220 million; if 1% of BNB buyer funds shifted to BNC, it could potentially erase the current discount. At present, crypto market funds have bought $17.28 million of BNCB and $5.29 million of BNC4, totaling $22.57 million, accounting for about 10% of BNC's total market capitalization.