BNC, a listed company, purchased 200,000 BNB

$BNB Network Company, the fund management business of publicly listed CEA Industries Inc. (NASDAQ: $BNC), has acquired 200,000 $BNB tokens, becoming the world's largest holder of BNB. This acquisition follows the company's completion of a $500 million private placement led by 10X Capital, in partnership with YZi Labs, to support a treasury strategy centered around $BNB, which has become the company's primary reserve asset. [PANews]