BNC Becomes Largest Corporate BNB Holder After $160 Million Acquisition

• BNC bought 200,000 BNB tokens for $160 million and became the world’s largest corporate BNB holder. 

• The company raised $500 million through private placement and plans to invest up to $1.25 billion in BNB tokens. 

• This move gives U.S. investors indirect access to BNB through traditional stock markets without holding crypto directly.

BNB Network Company, the treasury management arm of Nasdaq-listed CEA Industries Inc. (BNC), has acquired 200,000 BNB tokens worth approximately $160 million. The purchase positions BNC as the largest corporate holder of Binance Coin globally.

The acquisition marks the initial phase of BNC’s ambitious treasury strategy following its recent ticker change from VAPE to BNC. The purchase was financed through a $500 million private placement led by 10X Capital and YZi Labs. This strategic move represents BNC’s pivot toward cryptocurrency treasury management and institutional BNB exposure.

Treasury Strategy Expands with Multi-Billion Dollar Plan

BNC plans to continue accumulating BNB tokens as part of its comprehensive treasury strategy. The company has outlined potential investments reaching up to $1.25 billion through its warrant structure and additional funding mechanisms.

The treasury firm aims to provide U.S. and international investors indirect exposure to BNB without requiring direct token holdings. This approach addresses the company’s underrepresentation of BNB in traditional U.S. markets.

Market Impact and BNB Ecosystem Growth

BNB trades around $800 per token, showing steady performance amid broader cryptocurrency market movements. The Binance Smart Chain ecosystem continues expanding, with total value locked approaching $12.3 billion, ranking as the third-largest blockchain by this metric.

BNC’s stock experienced significant volatility following the treasury announcement, initially surging before entering a correction phase. The shares have since recovered from support levels and closed above $17 on Friday.

The company’s transformation from CEA Industries to BNC reflects a strategic focus on blockchain infrastructure and cryptocurrency treasury services. This repositioning places BNC among the first publicly-traded companies to establish substantial BNB reserves.

Industry analysts view the move as institutional validation for the BNB ecosystem. The acquisition demonstrates growing corporate interest in diversified cryptocurrency holdings beyond traditional Bitcoin and Ethereum positions.

BNC’s treasury strategy could influence other publicly traded companies to adopt cryptocurrency. The firm’s approach provides a regulated pathway for institutional BNB exposure through traditional equity markets.