CEA Industries (BNC) reported financial results for its second fiscal quarter ended October 31, 2025.
The quarter marked a significant transformation with a $500 million private placement and the accumulation of over 500,000 BNB tokens.
Key highlights include the company's strong financial performance and strategic initiatives in digital asset treasury management.
Fiscal Q2 2026 Net Income
$283.6 million, inclusive of $206.8 million gain on change in fair value of warrant liability
Strategic Accumulation of BNB
Exceeded 500,000 BNB tokens during the quarter, forming the world's largest BNB treasury
Governance Expansion
Appointed new independent directors to strengthen expertise and governance experience
- CEA Industries successfully closed a $500 million private placement, launched its new ticker symbol 'BNC' on Nasdaq, and enhanced its treasury strategy with over 500,000 BNB tokens.
- The company's financial performance in Fiscal Q2 2026 demonstrated solid growth and strategic progress towards digital asset management.
- Board expansion and transparency initiatives reinforce CEA Industries' commitment to enhancing shareholder value through its digital asset holdings.
CEA Industries Inc. has positioned itself as a leader in digital asset treasury management and financial growth. The transformative quarter and strategic initiatives showcase the company's commitment to long-term value creation and shareholder satisfaction.