BNB Treasury Firm BNC Acquires 200,000 Binance Coins, Becomes Largest Corporate Holder

CEA Industries, now trading as BNC on Nasdaq, has acquired 200,000 Binance Coins for $160 million, positioning itself as the world’s largest corporate BNB holder.

The purchase marks the start of a $500 million treasury strategy backed by 10X Capital and YZi Labs, with plans to scale up to $1.25 billion via warrant structures.

This follows last week’s treasury plan announcement, which fueled a 550% surge in BNC stock.

With over 250 million BNB users and $9.3 billion in daily volume, BNC seeks to bridge the gap in U.S. institutional BNB participation.

The company’s approach offers global investors indirect exposure to BNB without holding the token directly, potentially accessing an additional $750 million in capital for further purchases. Leadership changes have also been announced to drive this strategy forward.

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