CEA Industries Boosts BNB Holdings to 388,888 Tokens in $33M Move

Why did CEA Industries invest $33M in BNB tokens?

How many BNB tokens did CEA Industries acquire in this massive move?

What does this investment reveal about CEA Industries' future plans?


CEA Industries Boosts BNB Holdings to 388,888 Tokens in $33M Move
Image source: Unblock Media
  • Largest corporate holder of BNB globally
  • Firm targets 1% of BNB supply by 2025

On September 2, 2025, Nasdaq-listed CEA Industries expanded its BNB treasury with its latest $33 million acquisition of 38,888 tokens, a move that cements its dominance among corporate holders of digital assets. This purchase elevated the company’s total holdings to 388,888 BNB, worth an estimated $330 million at current market prices, as reported by The Block and Coinpedia.

Previously focused on nicotine vapes, the company recently pivoted toward the BNB blockchain ecosystem, announcing a bold goal of acquiring 1% of the platform’s entire token supply by 2025. To achieve this milestone, CEA Industries would need to hold approximately 1.4 million BNB, potentially worth around $1.2 billion. CEO David Namdar described BNB as a “compelling digital asset” with significant long-term potential. He stated, “Our mission couldn’t be clearer: every purchase amplifies our conviction, deepens our exposure, and accelerates us toward our bold target of owning 1% of the entire BNB supply.”

The strategic pivot follows a rebrand wherein the firm shifted its ticker symbol from VAPE to BNC and closed a $500 million private placement to fund its new direction. According to The Block, the company’s singular focus on BNB highlights a broader trend of corporations diversifying their treasury assets beyond Bitcoin and Ethereum. CEA Industries aims to leverage network effects and capitalize on the sustained growth of the BNB ecosystem, projecting that additional capital raised through warrants could push its total holdings to surpass $1.25 billion.

As of September 2, 2025, 16:09 UTC, Binance Coin (BNB) was trading at $847.90, marking a 0.144% increase in 24-hour trading volume, according to CoinMarketCap.

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Article Info
Category
Market
Published
2025-09-02 16:11
NFT ID
PENDING
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