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CEA Industries Discloses 480,000 BNB, $663 Million Treasury as Token Hits Record Highs

The Nasdaq-listed firm sets a year-end goal to own 1% of the token’s supply.

Overview

  • CEA now holds 480,000 BNB after a roughly 15% increase from its prior disclosure, acquired at an average cost of $860 per token for a total of about $412.8 million.
  • The company reports $77.5 million in unencumbered cash, bringing combined crypto and cash to $663 million as of October 6.
  • BNB notched new all-time highs above $1,300, pushing the reported market value of CEA’s holdings past $600 million, with outlet valuations varying by price source and timing.
  • BNC shares rose about 7% to 8% on Tuesday following the update, reflecting investor response to the enlarged treasury and higher token prices.
  • CEA’s current stake is roughly 0.35% of BNB’s supply, and the push toward 1% is supported by earlier financing including a $500 million private placement led by 10X Capital and YZi Labs.