On November 28, according to market data, CEA Industries ($BNC), the "$BNB version of MicroStrategy" supported by YZi Labs, has fallen more than 92% from its historical high of $82.88 after announcing the establishment of the $BNB treasury, and is now trading at $5.97.
According to previous reports, YZi Labs submitted a preliminary consent statement to the US SEC, proposing to expand the size of the CEA Industries board of directors and elect new directors. Ella Zhang, head of YZi Labs, said, "We believe that the new directors will solve problems such as the poor stock performance and operational gaps of CEA Industries, and help release the value that should belong to shareholders."[律动]