$BNB 🚀 BNB Rises Amid Institutional Crypto Treasury Hype
BNB (Binance Coin) recently reached a new all-time high of $860 before pulling back to the $820–$830 range. The rally is occurring against a backdrop of a wave of institutional interest — several low-cap public companies, including CEA Industries, have announced plans to create large BNB treasuries with funding of up to $500M–$1.25B.
One company, CEA Industries (a vape equipment manufacturing firm), saw its stock soar more than 800% in one day after shifting to a BNB treasury strategy. Similar moves are being made by biotechnology and tech startups, fueling what some call the "BNB treasury trend."