PANews September 2 news, BNB Network Company (BNC) announced that it has expanded its BNB Holdings to 388,888 pieces, with a market capitalization of approximately $330 million, and plans to increase its holdings to 1% of the total BNB supply by the end of the year.

Golden Finance reported that BNB Network Company (NASDAQ: BNC), a subsidiary of CEA Industries Inc., announced today that its total BNB Holdings has reached 325,000 coins, an increase of 125,000 coins from the previous 200,000 coins. As the world's largest BNB treasury, BNC stated that it will continue to expand its Holdings and plans to launch innovative products to serve institutional investors. The company is currently listed on NASDAQ and focuses on BNB treasury management.

BlockBeats news, on August 14, supported by YZi Labs, "BNB Version Microstrategy" CEA Industries (BNC) announced an increase of 88,888 BNB. Following an earlier increase of 200,000 BNB tokens earlier this week, this increase marks an important step for BNC towards its publicly announced goal of holding 1% of the total supply of BNB by the end of 2025.

CEA Industries completed a $500 million private sale, led by YZi Labs, and plans to acquire BNB as a primary reserve asset, operating under the name "BNB Network Company" with the stock code changed to BNC. If all warrants are exercised, financing could reach up to $750 million. David Namdar serves as CEO, and 10X Capital manages the BNB treasury.