🔸 CEA Industries raises $500 million, becoming the largest BNB treasury company in the world.
CEA Industries has successfully raised $500M through a private stock issuance (with the potential to expand to $1.25 billion if all options are exercised), officially transitioning its business model from the vape industry to a treasury strategy focused on $BNB.
This deal has attracted significant interest with over 140 investors participating, including major funds like @yzilabs, @PanteraCapital, @GSR_io, @blockchain, and other influential individuals like Olaf Carlson Wee.
The deal is expected to be completed by July 31, 2025, marking a new trend for crypto treasury companies in the U.S. stock market.
No wonder $BNB has been hitting ATH continuously lately, right AE? 😂
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