CEA Industries becomes largest BNB holder after 160 million USD buy

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.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts