CEA Industries’ treasury unit, BNB Network Company (BNC), has strategically acquired 200,000 BNB tokens at the cost of 160 million USD.
Following this announcement, BNB’s price increased by 2.5%, reaching approximately 826 USD, reflecting strong market reception.
BNC plans to continue purchasing BNB until it exhausts its allocated capital and aims to raise an additional 1.25 billion USD through warrants for further investments.
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