Bnc makes $160m bnb bet, becomes largest bnb treasury globally

New york, aug. 10, 2025 (globe newswire) -- bnb network company, the treasury management business of cea industries inc. (nasdaq: bnc), today announced the purchase of 200,000 $bnb tokens, making it the largest corporate holder of bnb globally. this acquisition follows a landmark $500 million private placement, led by 10x capital in partnership with yzi labs, to fund a treasury strategy centered exclusively on bnb—now the company's primary reserve asset.
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