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BNC Expands Holdings to over 350,000 BNB, Cementing Its Role as the World’s Largest BNB Treasury
Globenewswire· 2025-08-26 12:50
New York, Aug. 26, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC), today announced another major milestone in its treasury strategy, with total holdings now reaching over 350,000 BNB, an increase of over 150,000 tokens from the initial purchase of 200,000, further solidifying its position as the world’s largest BNB treasury. This achievement underscores BNC’s conviction in the long-term growth and adoption of the BNB ecosystem. By expanding its holdings to this scale, BNC not only strengthens it ...
BNC Expands Holdings to over 350,000 BNB, Cementing Its Role as the World's Largest BNB Treasury
GlobeNewswire News Room· 2025-08-26 12:50
New York, Aug. 26, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC), today announced another major milestone in its treasury strategy, with total holdings now reaching over 350,000 BNB, an increase of over 150,000 tokens from the initial purchase of 200,000, further solidifying its position as the world’s largest BNB treasury. This achievement underscores BNC’s conviction in the long-term growth and adoption of the BNB ecosystem. By expanding its holdings to this scale, BNC not only strengthens it ...
BNC Expands Holdings to 325,000 BNB, Cementing Its Role as the World's Largest BNB Treasury
GlobeNewswire News Room· 2025-08-18 12:56
Core Insights - BNB Network Company (BNC) has achieved a significant milestone by increasing its total BNB holdings to 325,000 tokens, up from an initial purchase of 200,000 tokens, making it the largest BNB treasury globally [1][2][3] Strategic Positioning - The expansion of BNC's BNB holdings reflects a strong belief in the long-term growth and adoption of the BNB ecosystem, enhancing its balance sheet and commitment to supporting the BNB Chain [2][3] - BNC's position as the largest dedicated BNB treasury provides unique exposure to a resilient and widely adopted blockchain ecosystem, attracting interest from institutional partners and investors [3] Future Outlook - BNC aims to build a trusted and strategically positioned digital asset treasury, with plans for further scaling its holdings and introducing innovative structures to create lasting value for shareholders and the broader market [4] Company Overview - BNC is a publicly traded company focused on managing the world's largest corporate treasury of Binance Coin (BNB), offering institutional-grade exposure to BNB for investors [5]
BNC Expands Holdings to 325,000 BNB, Cementing Its Role as the World’s Largest BNB Treasury
Globenewswire· 2025-08-18 12:56
New York, Monday, Aug. 18, 2025 (GLOBE NEWSWIRE) -- BNB Network Company (Nasdaq: BNC), the treasury management business of CEA Industries Inc., today announced another major milestone in its treasury strategy, with total holdings now reaching 325,000 BNB, an increase of 125,000 tokens from the initial purchase of 200,000, further solidifying its position as the world’s largest BNB treasury. This achievement underscores BNC’s conviction in the long-term growth and adoption of the BNB ecosystem. By expanding ...
BNC Acquires 88,888 Additional BNB, Targets Ownership of 1% of Total Supply.
Globenewswire· 2025-08-14 12:50
Company Overview - BNB Network Company (Nasdaq: BNC) is the treasury management business of CEA Industries Inc, and it aims to build the world's largest corporate treasury of Binance Coin (BNB) [7] - The company has a clear ambition to become the benchmark institutional vehicle for BNB, focusing on a single-asset strategy [3] Recent Developments - BNC has recently purchased an additional 88,888 BNB tokens, reinforcing its position as the largest corporate holder of BNB tokens globally [1] - This acquisition follows an earlier purchase of 200,000 BNB tokens, moving the company closer to its goal of owning 1% of BNB's total supply by the end of 2025 [1] Market Position and Strategy - BNC's disciplined capital deployment and single-asset focus differentiate it from diversified digital asset treasuries, allowing it to capture BNB network effects and engage in on-chain yield strategies [3] - If the company's plans are fully executed, including potential warrants that could yield up to $750 million, BNC's BNB position could exceed $1.25 billion, establishing one of the largest digital asset treasuries in the world [4] Industry Context - BNB is the native token of BNB Chain, which is recognized as the number one blockchain by daily active addresses and decentralized trading volume, with over $12 billion in total value locked [2] - The BNB ecosystem is rapidly expanding, making it a core pillar of Web3 infrastructure [2]
Nano Labs Has Purchased About US$50 Million BNB, Expands Digital Asset Reserves to around US$160 Million
GlobeNewswire News Room· 2025-07-03 12:30
Group 1 - Nano Labs Ltd has purchased 74,315 Binance Coin (BNB) tokens for approximately US$50 million, averaging US$672.45 per token, increasing its total digital currency reserves to around US$160 million [1][2] - The company plans to evaluate the security and long-term value of BNB, with an aim to acquire up to US$1 billion worth of BNB through convertible notes and private placements in the initial phase [2] - Over the long term, Nano Labs intends to hold 5% to 10% of BNB's total circulating supply [2] Group 2 - Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China, focusing on high throughput computing (HTC) and high performance computing (HPC) chips [3] - The company has developed a comprehensive flow processing unit (FPU) architecture that integrates features of both HTC and HPC [3] - Nano Labs has established Bitcoin as its primary reserve asset and has built an integrated solution platform covering three main business verticals, including HTC and HPC solutions [3]