CEA Industries Inc., the Colorado-based nicotine firm, introduced that its treasury administration arm, BNB Community Firm (BNC), has acquired 200,000 BNB tokens.
The stash is price round $160 million, which makes it the most important company holder of BNB globally.
$160 Million Guess
The acquisition follows a $500 million personal placement led by 10X Capital in partnership with YZi Labs, earmarked completely for constructing BNB holdings as the corporate’s major reserve asset.
Management adjustments have accompanied the crypto pivot as David Namdar, co-founder of Galaxy Digital, was appointed as CEO, alongside Russell Learn, former CIO at CalPERS, and Saad Naja, a former Kraken director.
10X Capital’s Hans Thomas and Alexander Monje have additionally joined the board.
BNB Community Firm (BNC) defined that BNB, with 250 million customers and a median each day buying and selling quantity of $9.3 billion as of July 2025, stays underrepresented within the US market. As such, BNC intends to bridge this hole by growing institutional presence inside the BNB ecosystem.
In its official press launch, the NASDAQ-listed firm said that it’s going to preserve its shopping for spree till the complete preliminary capital is invested in BNB. It could additionally use its warrant construction to boost a further $750 million, which might carry whole proceeds to $1.25 billion for additional acquisitions. This strategy offers US and international buyers with publicity to BNB with out direct token custody.
BNB’s Market Momentum
Extra publicly traded corporations are changing parts of their money reserves with digital property. These entities are structuring methods to enchantment to each retail and institutional buyers. Whereas Bitcoin and Ethereum have lengthy dominated, focus is now turning to options like BNB.
This company pivot towards BNB coincides with its uptrend seen in latest weeks. BNB is at present buying and selling over $818 after sustaining a gentle uptrend this month.
Crypto analyst Ali Martinez believes that the crypto asset’s worth motion is carefully monitoring Bitcoin’s construction. He added that this correlation might level to the early levels of a bull rally, which might probably drive BNB towards the $1,200 mark.
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