Binance Coin Holdings: BNC Acquires Major Share in Treasury

BNC, formerly known as Nasdaq-listed CEA Industries Inc., has announced a significant strategic acquisition of 200,000 Binance Coins (BNB) valued at $160 million. This move positions the newly rebranded company as the largest corporate BNB holder. The acquisition, executed via Binance Square, is part of BNC’s comprehensive treasury strategy designed to drive its corporate crypto holdings and impact market dynamics.