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Breaking News: GOP’s Crypto Bill In Jeopardy As Senator Advocates For Delayed Action
best-crypto-to-buy-as-company-aims-for-biggest-bnb-treasury-worldwide

CEA Industries Builds the Largest BNB Treasury After $1.7B Investment: What Crypto to Buy

Ben Wallis
by Ben Wallis
1 month ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

CEA Industries (NASDAQ: VAPE), once just a vape company, has shifted its strategy. They’ve secured a massive $500M private investment deal that will establish them as the world’s largest publicly traded company with a $BNB treasury.

CEA Industries press release

This initial amount, consisting of $400M in cash and $100M in $BNB, could even grow to an astonishing $1.25B if all warrants are exercised. The news caused $VAPE shares to soar over 560% on Monday, igniting an intense retail frenzy.

The bold move is supported by 10X Capital and YZi Labs, a company connected to Binance co-founder Changpeng Zhao. The new team includes incoming CEO David Namdar, who co-founded Galaxy Digital, and CIO Russel Read, formerly of CalPERS.

YZi Labs announcement

They’re all in to build this massive $BNB treasury, aiming to tap into BNB’s $114B+ market cap and the earning potential across the BNB Chain’s 280 million users. The goal? To give traditional investors an easy, transparent way into the BNB Chain ecosystem. This huge deal is expected to wrap up around July 31.

Everyone’s Rushing to BNB

CEA Industries isn’t the only company jumping on the BNB bandwagon; it’s part of a growing trend of major players getting into $BNB.

Two other major corporations, Liminatus Pharma (NASDAQ: LIMN) and Windtree Therapeutics (NASDAQ: WINT), also announced massive $BNB treasury allocations. Liminatus Pharma is planning an ‘American BNB Strategy’ subsidiary, pouring up to $500M into $BNB for the long haul.

Liminatus Pharma announcement

And just last week, biotech firm Windtree Therapeutics announced its own $700M $BNB allocation.

These combined investments, totaling over $1.7 billion, have sparked a bullish wave, pushing $BNB to an all-time high of $858 on Monday, July 28, and increasing the entire exchange token market cap to $161 billion.

This rise in corporate treasury strategies favorably impacts $BNB over traditional assets, indicating that big companies recognize its long-term value.

BNB price

The rise in institutional interest reveals a larger trend. Major investors are now viewing cryptocurrencies as credible assets for their treasuries.

If you’re looking to jump on emerging trends beyond the big names like $BNB, some of the best crypto to buy now are full of exciting possibilities like Best Wallet Token ($BEST), Snorter Token ($SNORT), and Maxi Doge ($MAXI), which are all making some noise. 

1. Best Wallet Token ($BEST): Your Easy Path to Crypto Management 

Best Wallet Token ($BEST) is the go-to token for Best Wallet, a super popular non-custodial crypto wallet that already has over 250K users every month.

$BEST wants to make your crypto life easier by giving you lower transaction and swap fees, exclusive access to high-yield staking pools, and even voting rights to help decide the wallet’s future.

Best benefits

The project is already surpassing its presale, raising over $14M and demonstrating strong investor confidence. They plan to capture 40% of the $2.23B crypto wallet market by 2026!

Additionally, by holding $BEST and being part of the Best Wallet ecosystem, you can gain early access to presales in the ‘Upcoming Tokens’ section of the wallet and be among the first to try new initiatives, like the upcoming Best Card, which allows you to spend your crypto anywhere that accepts Mastercard.

If you’re looking for a token with immediate use and serious growth potential, $BEST looks like a winner. Buy $BEST now for $0.025405, and check out why we think you could be seeing returns of 183% with our Best Wallet Token price prediction.

2. Snorter Token ($SNORT): Meme Coin Fun Meets Trading Power

Snorter Token ($SNORT) is changing the game for meme coins by adding utility to the mix. It powers Snorter Bot, a Telegram-based crypto sniping and trading tool that’s all about the 3 Ss: speed, security, and simplicity. 

This cool bot lets you make lightning-fast swaps, automate trades, snipe new token launches, and set up protective measures, all right within Telegram. 

Snorter Bot features

$SNORT holders enjoy lower trading fees (XXX%), early access to new features, and voting rights. Having raised over $1.8M in its presale and operating on both Solana and Ethereum, $SNORT combines the viral appeal of a meme coin with the practical strength of a robust trading tool.

Its unique combo of community vibes and real-world use could make $SNORT a true crypto game-changer.

Snipe your $SNORT now for $0.0.0997. For help, check out our handy How to Buy Snorter Token guide.

3. Maxi Doge ($MAXI): Go Full Maxi Doge for Max Gains!

Like a true gym bro, it’s time to go all in for those gains! Maxi Doge ($MAXI) is built for those who like living life on ‘Perma 100X Leverage,’ as it proudly professes. 

It’s currently in presale and is designed for the adrenaline junkies of crypto, promising ‘Max Ripped. Max Gainz.’

Maxi Doge explanation

Holders are promised the ‘pure adrenaline of the pump-dump life’ and a path to ‘generational wealth.’ If you’re ready to get on board with the crazy world of crypto, and love the idea of a strong community building on vibes and a core theme. $MAXI is here to help you.

You can buy $MAXI using $ETH, $BNB, $USDT, $USDC, or even a debit card by connecting your wallet. If you don’t have one, Maxi Doge suggests Best Wallet, and we’d have to agree. 

Now’s also the time to get in on the dynamic staking rewards currently sitting at 31433%, really encouraging you to hold in the long run and give the project core stability.

You can pump your way straight to the $MAXI presale and deadlift it into your wallet for $0.00025

BNB Goes Ballistic And Presales Prepare for Takeoff 

It’s clear that more large companies are recognizing crypto as a valuable asset. Treasuries are quickly adding digital assets, and CEA Industries’ investment in BNB clearly shows this trend.

However, don’t forget the presale market. This can be a great starting place to scoop in and find promising potential, especially with projects like Best Wallet Token ($BEST), Snorter Token ($SNORT), and Maxi Doge ($MAXI) all offering something different. 

Do your own research first, understand what you’re getting into, and know what you can afford to lose. Crypto is volatile, and there’s no guarantee of success.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ben Wallis

Ben Wallis

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Ben is a freelance writer specializing in crypto developments (mainly altcoins) and the intricate ways global economics shape the digital asset space. His B.Ed. in Education provides a unique foundation for his writing, enabling him to distill complex crypto concepts and market shifts into clear, digestible insights. This skill is key to helping readers adapt and apply their understanding to the ever-evolving world of crypto investment. Passionate about making crypto accessible, Ben crafts content designed to educate a broad audience, from current market events to the essential foundational knowledge that underpins them. His goal is to empower readers through understanding. When he’s not immersed in crypto analysis and breaking down complex topics, Ben is an avid Pokémon fan and enjoys all things Disney.

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