CEA Industries Soars 28.65% on BNB Token Acquisition

On August 11, 2025, CEA Industries saw a remarkable surge of 28.65% in pre-market trading, marking a significant milestone for the company.

CEA Industries' subsidiary, BNB Network Company, recently acquired 200,000 BNB tokens valued at $160 million, positioning itself as the largest corporate holder of BNB. This strategic move is part of a $500 million private funding round led by 10X Capital and YZi Labs, with BNB serving as the primary reserve asset for the company.

The leadership of BNB Network Company has been restructured to support this new strategy. David Namdar, Co-Founder of Galaxy Digital, has been appointed as the CEO, while Russell Read, former CIO of CalPERS, and Saad Naja, ex-Kraken director, have also joined the leadership team. Additionally, Hans Thomas and Alexander Monje from 10X Capital have been added to BNC’s board.

Following the announcement, the price of BNB experienced a notable increase, jumping over 2.5% to $826 within two hours. This surge has drawn comparisons to MicroStrategy’s Bitcoin investments, with analysts dubbing BNC the “BNB version of MicroStrategy.” The company plans to continue purchasing BNB until the initial capital is exhausted and may issue warrants to raise up to $1.25 billion to buy more, potentially increasing institutional interest in BNB, particularly in the U.S.