Why did the company raise a 500 million USD treasury choose BNB instead of Bitcoin or Ethereum?

The public company #CEAIndustries is drawing attention for its decision to build a 500 million USD cryptocurrency treasury by focusing on BNB instead of Bitcoin or Ethereum. Future CEO David Namdar explained the reasons for this unique choice.

The 'undervalued' potential of BNB

According to David Namdar, $BNB and the BNB Chain ecosystem, despite having a similar development trajectory to Ethereum, it has been 'cut off' by Western investors and has not received the attention it deserves. He believes that this is a great opportunity for CEA Industries to become a bridge, helping traditional investors better understand the potential and workings of BNB.

Namdar stated: "I view BNB as the chain of the future. It could be the chain for opportunities in AI and robotics - there are many different things that BNB can bring."

CEA Industries has announced plans to raise up to 1.25 billion USD to purchase BNB, right on the day when BNB reached its new all-time high of 858 USD. This news caused the company's stock (VAPE) on Nasdaq to spike by more than 700% at one point.

Namdar, co-founder of Galaxy Digital, hopes to help raise BNB's profile in the West and attract more investors. He believes that the success of CEA Industries will be closely tied to helping BNB grow and gain wider acceptance. #anhbacong