BNC Invests $160M in BNB Becoming Largest Public Corporate Holder

BNC, the treasury division of CEA Industries Inc. (Nasdaq: BNC), has become the largest publicly disclosed corporate holder of Binance Coin (BNB) following a $160 million investment in the token. The company acquired 200,000 BNB tokens, signaling a fundamental shift in its business strategy from a traditional operations model to a full-scale commitment to the cryptocurrency space. BNB is now the core asset of BNC’s treasury, reflecting the firm’s long-term vision of leveraging the Binance ecosystem for sustained value creation [1].

To fund this aggressive move, BNC recently closed a $500 million private placement, led by 10X Capital and YZi Labs. The company also holds warrants that could unlock an additional $750 million in capital, potentially increasing its total BNB investment to $1.25 billion if fully exercised. These developments highlight a high level of institutional confidence in BNB’s future, particularly in its utility and growing adoption across global markets [1].

The investment has already triggered a strong market response. BNB’s price rose to a new high of $861.20, with its market capitalization reaching $119 billion—surpassing the valuation of major corporations such as Nike. The token also saw increased spot trading volume and open interest in derivatives, suggesting that traders and investors are taking BNC’s move seriously and may be preparing for further price momentum. Market depth data further indicates strong buying interest above the $800 level [1].

BNC’s leadership has also undergone significant changes to align with its new focus. David Namdar, co-founder of Galaxy Digital, has been appointed as CEO, while notable additions to the team include Russell Read and Saad Naja, both with extensive institutional investment experience. Hans Thomas and Alexander Monje from 10X Capital have joined the board of directors, underscoring the strategic credibility and institutional backing behind BNC’s new direction [1].

This investment represents a broader trend in the institutional adoption of digital assets. By allocating a significant portion of its treasury to BNB, BNC is not only strengthening its financial position but also reinforcing the token’s role as a strategic asset in corporate portfolios. The move could set a precedent for other companies to follow, particularly as BNB continues to demonstrate its value through real-world utility and ecosystem expansion [1].

The stock of CEA Industries has already responded positively to the news, with shares surging 22.2% in pre-market trading. This performance reflects investor confidence in BNC’s new strategy and its potential to deliver long-term value through its concentrated investment in BNB. As BNC continues to build its treasury around the token, its future actions are likely to remain a key factor in shaping the market’s perception of BNB’s investment potential [1].

Source: [1] CEA Industries Becomes Largest Corporate Holder of BNB With $160M Buy (https://www.coindesk.com/markets/2025/08/11/cea-industries-becomes-largest-corporate-holder-of-bnb-with-usd160m-buy)