BNB Continues Historic Surge as Nasdaq-Listed Firm Reveals $611 Million Treasury
BNB has seen a significant surge, hitting a new price high of $1,330 after CEA Industries announced it now holds 480,000 BNB, valued at over $600 million. This announcement led to an 8% increase in CEA's stock on Nasdaq. BNB has surged by 27% in just one week, and year-to-date gains are at 85.6%, outperforming other cryptocurrencies like Ethereum, which only saw a 37.7% rise. CEA Industries aims to acquire 1% of the total BNB supply by the end of 2025. CEO David Namdar highlighted BNB's potential as a key asset within a large integrated ecosystem, noting that rising on-chain activity and institutional interest have been driving the recent price increases, solidifying the token's value and credibility in the market.
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