Overview
- CEA reported 480,000 BNB and $77.5 million in cash for a combined $663 million in crypto and cash as of Oct. 6.
- BNB traded above $1,300 with a market capitalization near $170–180 billion, ranking as the third-largest cryptocurrency.
- The company’s BNB accumulation has been funded by a $500 million private placement, with further purchases under consideration.
- Shares of CEA (BNC) rose roughly 7%–12% after the disclosure, according to market reports.
- Coverage cites rising BNB Chain activity, the rapid growth of Aster DEX, and a new Chainlink data integration as rally drivers.