Overview
- CEA reports holding 480,000 BNB with an average acquisition cost of $860 per token, totaling about $412.8 million invested.
- The firm lists approximately $77.5 million in unencumbered cash, bringing crypto and cash to $663 million as of Oct. 6.
- BNB set fresh all-time highs above $1,300, pushing the value of CEA’s holdings to more than $625 million and its total treasury near $700 million intraday.
- The disclosed position represents roughly a 15% increase in BNB holdings from the company’s previous update.
- BNB’s rally tracks surging on-chain activity, including 58 million monthly active addresses in September, rapid growth on the Aster DEX above $2.4 billion in TVL, and a new Chainlink data integration.