BNB reached a new all-time high of $1,330 on Tuesday, propelling the token past Tether to claim the third-largest cryptocurrency position by market capitalization. The surge prompted CEA Industries to disclose its substantial treasury holdings valued at over $611 million.
The Nasdaq-listed firm revealed it currently holds 480,000 BNB tokens acquired at an average cost of $860 per token. The company's total investment stands at approximately $412.8 million, representing a 15% increase from its previous disclosure. Combined with $77.5 million in cash reserves, the firm's total treasury approaches the $700 million mark.
The token has appreciated 27% over the past week and 121% over the past year. Current trading prices around $1,273 have generated substantial unrealized gains for CEA Industries, which maintains its position as the largest BNB treasury company. The firm targets ownership of 1% of the total token supply by year‑end 2025.
CEO David Namdar described the all‑time highs as validation that global markets recognize the inherent value and utility of both the asset and its underlying ecosystem. He emphasized viewing BNB not merely as a token but as the fulcrum of a massively integrated ecosystem.
BNC shares climbed 8% on Tuesday to above $10 per share following the treasury announcement. The stock previously reached a 52‑week high near $83 per share in July when the company first announced its treasury strategy. However, shares remain down 41% over the past month.
BNB Chain has experienced accelerating on‑chain activity, with TokenTerminal data showing 58 million monthly active addresses in September. Much of this growth stems from Aster, a decentralized exchange that has surged past $2.4 billion in total value locked, according to DeFiLlama. The platform's monthly trading volume approaches $200 billion.
Technical integrations have further supported the token's momentum, including a new partnership with Chainlink to bring U.S. economic data on‑chain. Illia Otychenko, lead analyst at CEX.IO, attributed the rally largely to increased on‑chain activity and growing institutional interest.
CEA Industries follows the treasury model established by digital‑asset leaders, including Strategy for Bitcoin and BitMine Immersion Technologies for Ethereum. The company continues to execute open‑market purchases as part of its accumulation strategy.