$BNB Treasury Holdings Surge as Public Firms Accumulate


Public companies are accelerating their accumulation of $BNB, the native token of BNB Chain's layer-1 blockchain. Applied DNA Sciences saw its shares jump over 50% on Wednesday after revealing a purchase of 4,908 $BNB tokens valued at approximately $5.3 million.


The announcement followed the close of a $27 million private investment in public equity backed by institutional #DeFi and traditional finance investors. The financing combined $15.3 million in cash and stablecoins with $11.7 million in OBNB Trust units, giving the company indirect ownership of roughly 10,647 $BNB tokens.


The #BNB-linked warrants remain subject to shareholder approval before the tokens can be formally transferred. Applied DNA Sciences plans to use the net proceeds to implement a "yield-focused treasury strategy with significant direct and BNB equivalent exposure," according to #CFA Chief Investment Officer Patrick Horsman.


The strategic move came one day after CEA Industries Inc., a Canadian vape company, announced it had acquired 500,000 $BNB tokens at an average price of about $870 per token. CEA, which pivoted to a $BNB #treasury company in July, is currently the largest BNB treasury holder and aims to own 1% of the total supply by year-end.


Bloomberg reported on Oct. 13 that China Renaissance Holdings Ltd., a Beijing-based investment bank, was in discussions to raise approximately $600 million to form a digital-asset treasury in the U.S. for accumulating $BNB. The surge in institutional interest has coincided with a significant rise in the token's price.


On Oct. 7, $BNB flipped $XRP to become the third-largest #cryptocurrency by market capitalization. Less than a week later, on Oct. 13, $BNB reached a new all-time high of $1,370, reflecting growing confidence in the token's fundamentals.

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October 22, 2025 at 9:32 PM
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