CEA Industries Tops BNB Holdings as the Token Hits a New ATH Above 1300

CEA Industries is currently the largest corporate investor in Binance Coin(BNB), owning 480,000 tokens valued at $585.5 million, purchased at an average price of $860 per token.

The announcement comes after BNB  reached a new record of $1,300, rising by 5.7% in a day, partly due to Binance’s recent partnership with Franklin Templeton, a multinational firm managing $1.6 trillion in assets.

TradingView data shows that BNB traded around $1,294, up 25% for the week and 122% over six months. This pushes its market value past $184 billion and overtakes XRP as the third-largest cryptocurrency.

CEA Industries Plans to Expand BNB Holdings 

CEA Industries aims to increase its BNB holdings to 1% of the total supply by the end of the year. The company also has $77.5 million in cash and other assets, totaling around $663 million, reinforcing its role as a key part of the  Binance ecosystem.

To achieve this goal, the CEA plans to continue buying BNB tokens, following a strategy similar to MicroStrategy, which focuses on Bitcoin acquisition, and BitMine Technologies, which holds the largest amount of Ethereum. 

According to CEA’s CEO, David Namdar, the recent rise of BNB indicates that the token is becoming more useful and credible, describing it as a key part of a large integrated ecosystem.

He also noted that focusing on a single asset benefits the company directly from Binance’s growth.

BNB Rally Sparks Reaction in the Crypto Community

BNB price increase caught the attention of top crypto figures, with Binance founder CZ reacting on X, jokingly calling it “#BNB meme SZN!” and admitting he “didn’t expect this at all”.

His comments came as BNB gained more attention and extended its lead among major altcoins. Zhao had earlier called for BNB integration with traditional banks, echoing analyst predictions that it could reach $1,300.

Ali, a crypto analyst, also reacted to BNB’s price surge, calling it a major achievement and noting its historic climb past XRP.

According to the chart he shared, BNB is trading above $1,328, making it the third-largest cryptocurrency after Bitcoin and Ethereum