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October 7, 2025cryptonews logocryptonews

CEA Industries Snaps Up $624M in BNB – Targeting 1% Supply as Token Hits All-Time High

CEA Industries has revealed that it now holds 480,000 BNB tokens, solidifying its position as the largest publicly reported BNB treasury as the cryptocurrency hit record ￰0￱ company seeks to acquire 1% of BNB’s total supply by the end of 2025, showing its aggressive strategy to become the leading institutional holder of Binance’s native token. INTEL: CEA Industries (Nasdaq: $BNC ) reported holding 480,000 $BNB worth $624M and plans to reach 1% of BNB’s total supply by year-end, making it the largest reported BNB treasury — Solid Intel (@solidintel_x) October 7, 2025 The firm disclosed that its average acquisition cost for BNB is $860 per token, translating to roughly $412.8 million in total ￰1￱ of October 6, the holdings were valued at $585.5 ￰2￱ its crypto assets, CEA reported $77.5 million in cash and equivalents, bringing its total crypto and cash reserves to $663 ￰3￱ Industries Joins the Ranks of Major Crypto Treasuries The announcement comes amid a record-breaking rally for BNB, which surged to an all-time high of $1,236.74 on October 6 , lifting its market capitalization beyond $170 ￰4￱ valuation placed BNB just behind XRP and Tether and roughly 33% higher than Solana’s $127 billion market cap.) July 3, 2025 The timing of CEA’s accumulation coincides with a broader wave of institutional interest in ￰5￱ August, B Strategy launched a $1 billion BNB-focused treasury backed by YZi Labs and Asia-based family offices linked to Binance’s ￰6￱ other Nasdaq-listed firms have also declared intentions to build similar BNB-denominated treasuries as the token gains traction among traditional investors.

BNB’s surge has been driven by a combination of ecosystem expansion, institutional inflows, and broader crypto market ￰7￱ October 6, BNB briefly crossed $1,300 for the first time , overtaking XRP to become the world’s third-largest cryptocurrency by market ￰8￱ 19% weekly rally lifted its market cap to over $154 billion, trailing only Bitcoin and ￰9￱ rise followed Bitcoin’s own climb to $126,000 as investors turned to crypto amid a ￰10￱ shutdown , viewing digital assets as a ￰11￱ Chain itself has seen record ￰12￱ network now processes more than 2.44 million daily active addresses and $4.14 billion in decentralized exchange volume, accordin g to DeFiLlama .) October 3, 2025 In late September, Kazakhstan announced it would include BNB as the inaugural asset in its Alem Crypto Fund national ￰13￱ decision, combined with expanding corporate treasuries like CEA’s, has fueled confidence in BNB’s long-term position within the global digital economy.

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