Bnc accelerates toward global #1 bnb treasury with $160m purchase

New york, aug. 11, 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, furthering its momentum toward becoming 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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