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BNC Accelerates Toward Global #1 BNB Treasury With $160M Purchase
Sentiment:Positive (80)
Summary
NEW YORK, Aug. 11, 2025 (GLOBE NEWSWIRE) -- BNB Network Company, the treasury management business of CEA Industries Inc. (Nasdaq: BNC), today announced the purchase of 200,000 BNB tokens, furthering its momentum toward becoming the largest corporate holder of BNB globally. This acquisition follows a landmark $500 million private placement, led by 10X Capital in partnership with YZi Labs, to fund a treasury strategy centered exclusively on BNB—now the company’s primary reserve asset.
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Read Full ArticleArticle published on August 11, 2025 by globenewswire