Key Highlights:
  • CEA Industries now holds 480,000 BNB worth $585 million, plus $77.5 million in cash.

  • The company aims to control 1% of BNB’s total supply by year-end.

  • The announcement came as BNB hit new record highs above $1,320.

BNB Holdings Reach $663 Million

CEA Industries revealed that it now holds 480,000 BNB as part of its expanding digital asset treasury. The holdings total around $663 million in crypto and cash, with an average purchase price of $860 per token.

The firm has steadily increased its BNB reserves through private placements and periodic market purchases. Since early September, CEA has added more than 91,000 BNB, spending over $78 million on additional accumulation.

Riding BNB’s Momentum

BNB recently climbed to new highs above $1,320, ranking as the world’s third-largest cryptocurrency by market cap behind Bitcoin and Ethereum. CEA’s announcement coincided with the rally — its Nasdaq-listed stock rose nearly 8% in pre-market trading on Tuesday after a 15% gain the day before.

The company says it remains committed to building a long-term BNB treasury strategy and aims to strengthen its balance sheet through yield-bearing token operations.

Read the full article on theblock.