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BNC Buys $160M in BNB, Becomes Top Corporate Holder

  • BNC secures 200,000 BNB, marking the largest corporate BNB holding worldwide.
  • $500 million raised for BNB purchases, with plans to expand to $1.25B reserves.
  • This move signals growing corporate adoption of utility tokens as treasury assets.

CEA Industries, now trading under the ticker BNC, has acquired 200,000 BNB tokens valued at approximately $160 million. This acquisition establishes the Nasdaq-listed company as the largest corporate holder of BNB globally. The purchase marks the first phase of a planned $500 million allocation toward BNB reserves. Funding was secured through a private placement led by 10X Capital in partnership with YZi Labs.

The company’s BNB acquisition follows the announcement of a broader treasury strategy aimed at institutional participation in the BNB ecosystem. BNC plans to continue purchasing BNB until the initial capital is deployed. The firm may exercise warrants to access an additional $750 million for further acquisitions. If fully executed, this would increase its total investment to $1.25 billion.

Institutional Shift Toward Utility Token Reserves

The action proves a burgeoning trend in which corporations are including cryptocurrency in their treasury holdings. Although Strategy was the first to take this route with Bitcoin, BNB serves a different role as a high-utility token. As the native cryptocurrency of the BNB Chain, it is used to pay transaction fees, facilitate smart contracts, and support decentralized applications. The strategy of BNC is to create a cryptified balance sheet that makes use of utility and ecosystem integration.

The company highlighted that BNB remains underrepresented in the U.S. corporate investment landscape despite substantial global adoption. As of July 2025, BNB has 250 million users and averages $9.3 billion in daily trading volume. BNC’s initiative seeks to provide U.S. and global investors indirect exposure to BNB without direct token custody.

BNB Market Context and Performance

The growth of BNB has been progressive, as it enjoys a total value locked (TVL) of $7.1 billion. Along with the growing amount of developer activity and decentralized applications, it is the third-biggest blockchain by TVL. The token has also registered a monthly increase in price of more than 15% with the rate above $800. The market participants are watching resistance around its all-time high of $860.

Recent gains can be attributed in part to a major acquisition revealed by BNC. This development has boosted market sentiment and fueled strong trading activity. The entry of a major BNB holder is expected to enhance overall liquidity and reinforce the strength of the token.

Related: BNB Hits New ATH Above $850, CZ’s 64% Stake Raises Centralization Red Flags

Corporate Adoption and Future Outlook

The treasury model will help the company legalize utility tokens in corporate finance by structuring purchases. The program aligns with the growing demand of institutional investors, who are also taking an interest in blockchain-backed assets with functional applications.

Recent leadership changes have strengthened BNC’s ability to manage significant cryptocurrency reserves. Coupled with its current operations and planned expansions, the company is committing to a sustained presence in the BNB market through ongoing acquisitions. This strategy not only positions BNC as a key market participant but could also influence liquidity, investor sentiment, and how corporations approach the integration of utility tokens into long-term treasury management.

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