BNC Makes $160M BNB Bet, Becomes Largest BNB Treasury Globally

NEW YORK, Aug. 10, 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, making it 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.