😀 #BNB Nano Labs invests 500,000,000 $ in the BNB reserve of CEA Industries - press release
The company CEA Industries (Nasdaq: VAPE) aims to be the equivalent of MicroStrategy, but for BNB.
Terms of the agreement:
- Purchased 495,050 shares at 10.10 $.
- Right to buy 495,050 shares at 15.15 $.
- Potential stake – up to 1,250,000,000 $ (990,100 shares).
NanoLabs' investment is part of a PIPE round of 500,000,000 $, almost all funds will be allocated to the purchase of BNB for the reserve of CEA Industries.
Additionally, Nano Labs already owns ~128,000 BNB (101 million $), and now also gains a stake in the company whose capitalization directly depends on the growth of the token.
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