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BNB Network Company (NASDAQ:BNC), the treasury management business of CEA Industries Inc., today announced the purchase of an additional 88,888 BNB, reinforcing its position as the largest corporate holder of BNB tokens in the world. Following this week's earlier acquisition of 200,000 BNB tokens, this acquisition marks another major step toward the company's publicly stated goal of owning 1% of BNB's total supply by the end of 2025 - a target that would cement BNC as one of the most influential participants in the asset's global market.
BNB, the native token of BNB Chain - the #1 blockchain by daily active addresses and decentralized trading volume - offers a deflationary supply model, deep DeFi adoption, and one of the fastest-growing developer and user bases in the industry. With $12+ billion in total value locked and a rapidly expanding ecosystem, BNB has become a core pillar of Web3 infrastructure.
Posted In: BNC