BNC Accelerates Toward Global #1 BNB Treasury With $160M Purchase

Group 1 - BNB Network Company, a treasury management business of CEA Industries Inc., has purchased 200,000 BNB tokens, aiming to become the largest corporate holder of BNB globally [1][5] - The company has undergone a leadership restructuring to support a crypto-first strategy, with David Namdar as CEO and other notable figures joining the Board of Directors [2] - BNB is currently the fourth-largest cryptocurrency by market capitalization, with a total value locked (TVL) of $12.3 billion, ranking it as the third-largest chain by TVL [3] Group 2 - The deflationary token supply, growing on-chain activity, and attractive DeFi yields make BNB a compelling long-term investment for BNC [4] - BNC's $160 million purchase of BNB confirms its position as the leading institutional BNB treasury globally, with BNB having 250 million users and an average daily trading volume of $9.3 billion as of July 2025 [5][7] - BNC plans to continue purchasing BNB until its initial treasury capital is fully deployed and may raise up to $750 million more, potentially totaling $1.25 billion for additional acquisitions [6] Group 3 - BNC aims to enhance the institutional presence in the BNB ecosystem, bridging the gap in U.S. representation [5][7] - The company is dedicated to building and managing the world's largest corporate treasury of Binance Coin (BNB), offering institutional-grade exposure to investors [11]