CEA Industries Inc., which recently renamed its treasury unit to BNB Network Company, bought 200,000 BNB tokens for about $160 million on August 10. That purchase makes it the largest corporate holder of Binance’s native cryptocurrency.
They funded this deal with $500 million raised in a private placement led by 10X Capital, with backing from YZi Labs (the family office of Binance co-founders Changpeng Zhao and Yi He). The deal’s warrant structure could bring in another $750 million, giving them the option to spend up to $1.25 billion on BNB over time.
CEA says this strategy offers U.S. investors a regulated way to get exposure to BNB, a token they believe is under-represented in institutional portfolios—even though it powers a network used by roughly 250 million people. BNB is the fourth-largest cryptocurrency by market value, trading near a yearly high of about $823. After the announcement, CEA’s share price jumped 3.7% to $17.10.#BNB_Market_Update #BNB金铲子挖矿 #BNB #bnb一輩子 $BNB