CEA Industries Snaps Up $624M in BNB – Targeting 1% Supply as Token Hits All-Time High
CEA Industries has revealed that it now holds 480,000 BNB tokens, solidifying its place as the most important publicly reported BNB treasury as the cryptocurrency hit document highs.
The company seeks to accumulate 1% of BNB’s whole provide by the tip of 2025, displaying its aggressive technique to turn out to be the main institutional holder of Binance’s native token.
INTEL: CEA Industries (Nasdaq: $BNC) reported holding 480,000 $BNB price $624M and plans to achieve 1% of BNB’s whole provide by year-end, making it the most important reported BNB treasury
— Solid Intel
(@solidintel_x) October 7, 2025
The agency disclosed that its common acquisition value for BNB is $860 per token, translating to roughly $412.8 million in whole funding.
As of October 6, the holdings have been valued at $585.5 million. Alongside its crypto property, CEA reported $77.5 million in money and equivalents, bringing its whole crypto and money reserves to $663 million.
CEA Industries Joins the Ranks of Major Crypto Treasuries
The announcement comes amid a record-breaking rally for BNB, which surged to an all-time high of $1,236.74 on October 6, lifting its market capitalization past $170 billion.
That valuation positioned BNB simply behind XRP and Tether and roughly 33% greater than Solana’s $127 billion market cap.
The milestone additionally cements CEA’s standing among the many greatest digital-asset treasury corporations, becoming a member of the ranks of corporations like Strategy, identified for its huge Bitcoin holdings, and Bitmine Immersion Technologies, which holds the most important Ethereum treasury.
Commenting on the achievement, CEA’s CEO David Namdar described BNB’s document efficiency as a validation of the asset’s long-term potential.
“BNB’s all-time highs are a transparent validation that international markets are waking as much as the inherent worth, credibility, scale, and utility of each the asset and its underlying ecosystem,” Namdar stated. “We view BNB not simply as a token however as the fulcrum of a massively built-in ecosystem.”
Namdar, a co-founder of Galaxy Digital and senior associate at 10X Capital, has led CEA’s transformation right into a crypto treasury firm over the previous yr. The agency, as soon as a Canadian vape producer, rebranded and shifted into digital-asset accumulation after a collection of capital raises in mid-2025.
In June, its shares soared almost 550% in a single day after announcing plans to turn out to be the most important BNB treasury firm in the U.S.
CEA secured a $500 million personal share sale to buyers, backed by 10X Capital and YZi Labs, an funding agency beforehand related to Binance co-founder Changpeng Zhao.
Through that deal and extra exercised warrants, the corporate might entry as much as $1.25 billion in funding to develop its BNB purchases.
At the time, Namdar stated the agency’s purpose was to create a U.S.-listed “BNB treasury car” that may supply conventional buyers clear publicity to the BNB Chain ecosystem.
BNB Climbs to Third-Largest Crypto by Market Cap as Corporate Treasuries Expand
Following the capital elevate, CEA started scaling its holdings by way of a mixture of market acquisitions and structured purchases.
It has since turn out to be the most important company holder of BNB, surpassing earlier entrants like Hong Kong-listed Nano Labs, which disclosed a $50 million BNB purchase in July, and U.S.-listed Windtree Therapeutics, which announced plans to allocate most of its $520 million funding spherical to BNB.
@NanoLabsLtd drops $50M on 74,315 BNB tokens focusing on huge $1B holdings and 5-10% provide dominance as first public firm to stockpile Binance Coin at scale.#BNB #Treasuryhttps://t.co/Di4zKQIERL
— Cryptonews.com (@cryptonews) July 3, 2025
The timing of CEA’s accumulation coincides with a broader wave of institutional curiosity in BNB. In August, B Strategy launched a $1 billion BNB-focused treasury backed by YZi Labs and Asia-based household places of work linked to Binance’s founder.
Several different Nasdaq-listed corporations have additionally declared intentions to construct related BNB-denominated treasuries as the token beneficial properties traction amongst conventional buyers.
BNB’s surge has been pushed by a mix of ecosystem growth, institutional inflows, and broader crypto market power. On October 6, BNB briefly crossed $1,300 for the first time, overtaking XRP to turn out to be the world’s third-largest cryptocurrency by market capitalization.
The 19% weekly rally lifted its market cap to over $154 billion, trailing solely Bitcoin and Ethereum. The rise adopted Bitcoin’s personal climb to $126,000 as buyers turned to crypto amid a U.S. government shutdown, viewing digital property as a hedge.
BNB Chain itself has seen document exercise. The community now processes greater than 2.44 million every day energetic addresses and $4.14 billion in decentralized trade quantity, according to DeFiLlama.
Its whole worth locked in DeFi protocols reached $9.27 billion, up 2.5% in 24 hours, whereas community charges generated over $4.4 million every day.
Roughly 30% of BNB’s circulating provide is presently staked, with validators recently proposing a 50% cut in gas fees and quicker block occasions to spice up competitiveness in opposition to Solana and Base.
BNB’s momentum has additionally gained institutional validation overseas.
— Cryptonews.com (@cryptonews) October 3, 2025
In late September, Kazakhstan announced it would include BNB as the inaugural asset in its Alem Crypto Fund nationwide reserve.
The resolution, mixed with increasing company treasuries like CEA’s, has fueled confidence in BNB’s long-term place throughout the international digital financial system.
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