BNC invested $160 million to bet on BNB, becoming the world's largest BNB corporate treasury.New York, August 10, 2025 - BNB Network Company, a treasury management business under CEA Industries Inc. (NASDAQ: BNC), today announced the acquisition of 200,000 BNB Tokens, becoming the world's largest enterprise-level BNB holder. This acquisition follows a $500 million private sale financing, co-led by 10X Capital and YZi Labs, with funds to be used for treasury strategies built around BNB, which has now become the company's primary reserve asset.
Strategic Shift to BNB
As a newly listed company on NASDAQ (formerly known as VAPE), BNC is completely shifting its treasury management focus towards significantly increasing its holdings of BNB.
The company's leadership has also undergone restructuring to align with this cryptocurrency-centric strategy: Galaxy
TechubNews·2025-08-11 05:59