📈 Crypto Demand Goes Beyond Bitcoin: Altcoin Strategy Sends Company Stock Up 550%

Institutional interest in crypto is expanding beyond Bitcoin. A Canadian company, CEA Industries, announced it will add $BNB to its treasury strategy - and its stock price soared.

Listed on Nasdaq under the ticker VAPE, the company's shares jumped over 800% intraday, closing the day with a 550% gain. CEA plans to raise $500 million, with a possible extension to $1.2 billion, to buy $BNB.

The company is partnering with 10X Capital, known for blockchain investments, and YZi Labs, the venture arm of Binance.

This follows a growing trend: firms are not only buying Bitcoin but also adding Ethereum, Solana, and now BNB to their balance sheets. Other companies like SharpLink Gaming and Bitmine have taken similar steps with $ETH and $SOL .

Notably, #bnb hit a new all-time high above $860 yesterday.