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CEA Industries ($BNC) Announces BNB Holdings of 480,000 tokens, and total Crypto and Cash holdings of $663 Million
Globenewswireยท2025-10-07 12:00

Core Insights - CEA Industries Inc. (BNC) has acquired a total of 480,000 BNB tokens at an average cost of $860 per token, totaling approximately $412.8 million, with an estimated value of $585.5 million as of October 6, 2025 [1][2] - The company holds approximately $77.5 million in unencumbered cash and cash equivalents, bringing total crypto and cash holdings to $663 million [1] - BNC aims to own 1% of the total BNB token supply by the end of 2025 [1] Market Position - BNB prices reached an all-time high of $1,236.74 on October 6, 2025, contributing to BNC's status as the largest BNB treasury and a significant player in the global digital asset markets [2][8] - The market capitalization of BNB has exceeded $175 billion, making it over 33% larger than Solana and nearly equal to Tether and XRP [2] Strategic Focus - BNC's single-asset focus on BNB allows it to capture network effects and participate in on-chain yield strategies, aligning with the long-term growth of the BNB ecosystem [4] - The company's capital allocation discipline and balance sheet flexibility provide options for accelerating value-accretive BNB deployments as the ecosystem matures [3] Company Overview - CEA Industries Inc. is a growth-oriented company focused on building leading businesses in consumer markets, specifically managing the world's largest corporate treasury of Binance Coin (BNB) [6] - BNC offers institutional-grade exposure to BNB, positioning itself as a trusted and strategically positioned digital asset treasury [6]