Can anything shut down the Gold rally?
CEA Industries Inc. (BNC) purchased an additional 30,000 BNB tokens valued at $26 million, bringing the company’s total holdings to 418,888 BNB tokens worth $368 million, according to a company statement.
The purchase advances the company’s stated goal of owning 1% of BNB’s total supply by the end of 2025. CEA Industries describes itself as maintaining the world’s largest corporate BNB treasury.
"We’re at the beginning of a $100–200 billion shift of capital into digital asset treasuries," said David Namdar, CEO of CEA Industries. "BNB is positioned to be a winner in this wave, and BNC’s role is to lead institutional investors into that ecosystem with transparency, discipline, and scale."
The company focuses exclusively on BNB rather than maintaining a diversified digital asset portfolio. BNB serves as the native token of the BNB Chain blockchain network.
According to the company, BNB is trading within 2% of all-time highs and has recorded its highest monthly average in September. The BNB Chain network currently has over $12 billion in total value locked and operates with a deflationary supply model.
CEA Industries indicated that if its full treasury plan is executed, including potential warrant exercises that could provide up to $750 million in additional proceeds, the company’s BNB holdings could exceed $1.25 billion.
The company operates as a growth-oriented business focused on building consumer market businesses while managing its BNB treasury operations. CEA Industries trades on NASDAQ under the ticker BNC.