CEA Industries' BNB Assets Exceed 480 Thousand

CEA Industries Increases BNB Token Investments

CEA Industries has raised its total assets of BNB tokens to 480,000. The company spent 412.8 million dollars to make this additional investment, purchasing the tokens at an average unit price of 860 dollars. Currently, the price of the BNB token has reached a new record level of over 1,310 dollars, surpassing a value of 625 million dollars.

According to recent statements, CEA Industries now holds a total of 480,000 tokens with a %15 increase in BNB tokens. The total value of the company's BNB investments has significantly risen with BNB trading at around 1,303 dollars daily. When combined with the company's total cash assets of 77.5 million dollars, the total treasury value approaches 700 million dollars.

The rise in BNB's price is linked to the increase in activity on the blockchain. According to TokenTerminal data, 58 million active addresses were recorded in September. A significant part of this growth is related to a new decentralized exchange named Aster, which has surpassed a total value of 2.4 billion dollars. Aster's trading volume for this month is reported to be nearing 200 billion dollars.

The rise of BNB is also supported by a new partnership with Chainlink. This collaboration enables the use of U.S. economic data in the blockchain environment. CEA Industries plans to accumulate %1 of the total BNB supply by the end of the year. The company’s shares increased by %7 in the trades conducted on Tuesday.