BNB Continues Historic Surge as Nasdaq-Listed Firm Reveals $611 Million Treasury

Core Insights - BNB has reached a new all-time high, surpassing Tether to become the third-largest cryptocurrency by market cap [1][2] - CEA Industries Inc. holds over $600 million worth of BNB, with a total investment of approximately $412.8 million [1][2] - BNB's value has increased by 27% in the last week, currently priced at $1,273, and is up 121% over the past year [2] Company Developments - CEA Industries Inc. aims to own 1% of the total BNB token supply by the end of 2025, following the model of other digital asset treasury leaders [3] - CEA's stock has seen fluctuations, peaking at nearly $83 per share in July, but is currently up 8% on the day at above $10 per share [3] Market Trends - The recent surge in BNB's price is attributed to increased on-chain activity and growing institutional interest [5] - The launch of BNB-based perpetual futures exchange Aster has contributed to rising activity and user onboarding on BNB Chain [4]