CEA Industries’ $160 Million BNB Acquisition Positions Company as Largest Corporate Holder of the Token

CEA Industries, a prominent Nasdaq-listed firm, has made a significant move in the cryptocurrency market. The company has acquired a massive 200,000 BNB tokens, with an estimated value of $160 million, marking a groundbreaking step towards increased institutional investment in digital assets. This acquisition positions CEA Industries as the largest corporate holder of BNB globally, according to reports from Solid Intel on X. Experts attribute this strategic move to expanding DeFi applications and growing interest from institutional investors.