📰 BREAKING: CEA Industries Stock Surges ~833% After Announcing Plan for Largest Public BNB Treasury
🚬💰 Canadian vape company CEA Industries (NASDAQ: VAPE) shocked markets by unveiling a strategy to build the largest publicly traded Binance Coin (BNB) treasury.
📈 Its stock jumped from $8.88 to ~$82.88, an unbelievable ~833% intraday spike amid meme-stock frenzy.
💸 The company raised $500M in a PIPE deal, including ~$100M in crypto, backed by over 140 institutional investors through 10X Capital and YZi Labs, with warrants potentially adding up to $1.25B.
🔹 First time a public company rallied around BNB—not Bitcoin or Ethereum.
🔹 Signals growing institutional and corporate interest in the BNB ecosystem.
🔹 A perfect example of meme-stock hype meeting crypto utility.
💡 My take: This isn’t just speculation—it’s a wake-up call that crypto treasury strategies are evolving, and mainstream firms are paying attention.
🔁 Repost if you think more companies will adopt BNB treasuries.
💬 Comment: Do you think this move is strategic—or speculative bubble territory?
