VAPE Stock Pops As Company Rebrands, Adopts BNB In $500 Million Crypto Pivot —Changpeng Zhao's VC Firm Leads Investment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2025
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Source: Benzinga
CEA Industries Inc. Financial Move: CEA Industries Inc. (VAPE) shares rose over 3% after completing a $500 million private offering to adopt BNB Coin as its primary treasury reserve asset, with plans to rebrand as "BNB Network Company."
Market Trends in Cryptocurrency: The company aims to align strategically with the BNB Chain ecosystem, reflecting a broader trend among Wall Street firms adopting cryptocurrency for corporate reserves, following strategies popularized by other companies like Strategy Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
