CEA Industries ($BNC) Expands Holdings to 388,888 BNB ($330M USD), Targets 1% Supply by Year-End

Core Insights - CEA Industries Inc. has purchased an additional 38,888 BNB tokens for $33 million, increasing its total holdings to 388,888 BNB valued at $330 million, solidifying its status as the largest corporate BNB treasury globally [1][2] - The company aims to own 1% of BNB's total supply by the end of 2025, which would position it as a significant player in the digital asset market [2] - BNB has recently reached a cycle high of $900, driven by strong demand and the growth of the BNB Chain ecosystem, which is now the leading blockchain by daily active users and decentralized trading volume [3] Company Strategy - The CEO of CEA Industries, David Namdar, emphasized the company's commitment to BNB, viewing it as a digital asset with substantial potential [4] - The company's focused strategy on a single asset, BNB, allows it to leverage network effects and participate in on-chain yield strategies, aligning with the long-term growth of the BNB ecosystem [4] - If the full treasury plan is executed, including potential warrants that could yield up to $750 million, BNC's BNB holdings could surpass $1.25 billion, establishing one of the largest digital asset treasuries [5]