CEA Industries (NASDAQ: BNC) recently came out to clarify and respond to some statements from YZi Labs.
The company’s stance is very clear: no token swap, and they will continue to go all in on BNB. Their BNB DAT strategy remains unchanged, with the goal of becoming the world’s largest BNB Treasury company.
In terms of data, as of December 4, CEA held 515,554 BNB, which was worth about $465 million at that time. That’s a considerable holding size.
Additionally, there have been moves in company governance, with the addition of a new independent director, Annemarie Tierney. It looks like they’re strengthening board independence, possibly as a response to external doubts.
Overall, this move basically tells the market: our bet on BNB is unwavering, and we’ll keep doing what we do.
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SmartContractPhobia
· 12-06 07:39
515k BNB is still in hand, that's a really bold move. But going all in on a single token is definitely risky.
Betting so hard—what if something goes wrong with BNB one day?
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FantasyGuardian
· 12-06 07:20
515K BNB going all in, that’s a really bold bet.
I can see their stance of not swapping coins now—they’re determined to go all in to the end.
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ETHReserveBank
· 12-06 07:16
515K BNB all staked—this guy is really all in.
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LowCapGemHunter
· 12-06 07:15
All in on BNB, aren't you afraid of getting stuck with it? 515k coins is not a small number.
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They've added another director. Looks like they're preparing for a long-term battle.
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If they're not swapping coins, then so be it. After all, they're betting on the BNB ecosystem to take off.
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$465 million thrown into BNB, they must be really bullish.
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Whatever YZI says doesn't matter; they've already made up their mind.
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Bringing in independent directors for endorsement—this is to reassure people, right?
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The positioning of BNB Treasury is certainly imaginative; let's see if they can pull it off.
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Betting on a single token with such high risk, they really dare to play.
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Their holdings data is now public, the transparency is decent.
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With their current attitude, they're definitely not going to waver in the short term.
CEA Industries (NASDAQ: BNC) recently came out to clarify and respond to some statements from YZi Labs.
The company’s stance is very clear: no token swap, and they will continue to go all in on BNB. Their BNB DAT strategy remains unchanged, with the goal of becoming the world’s largest BNB Treasury company.
In terms of data, as of December 4, CEA held 515,554 BNB, which was worth about $465 million at that time. That’s a considerable holding size.
Additionally, there have been moves in company governance, with the addition of a new independent director, Annemarie Tierney. It looks like they’re strengthening board independence, possibly as a response to external doubts.
Overall, this move basically tells the market: our bet on BNB is unwavering, and we’ll keep doing what we do.