BNB Hits All-Time High as Public Companies Ramp Up Treasury Allocations
BNB, the native token of the BNB Chain, surged to a new all-time high of $860 early Monday before retracing slightly to trade near $840 during the U.S. session. The token has posted a 9% gain over the past week, making it the best-performing top-10 crypto asset outside of stablecoins. Over the last 24 hours, BNB remained resilient with a 3% increase, while other major altcoins like ETH, XRP, and SOL surrendered early gains.
Institutional Capital Flows Drive Momentum
BNB’s breakout comes amid growing institutional momentum behind BNB treasury strategies — a trend gaining traction among U.S.-listed firms seeking to diversify holdings and engage with blockchain infrastructure.
CEA Industries (Nasdaq: VAPE) announced a $500 million private funding round, supported by Yzi Labs, the family office of Binance founder CZ. The capital will fund BNB accumulation, positioning CEA as a potential leader among public companies with BNB treasuries. The agreement could expand to $1.2 billion, according to company disclosures. Shares of CEA surged over 700% on the announcement.
“We see BNB as a strategic asset class with real utility,” a company spokesperson noted, citing staking yields and network exposure as core drivers of the move.
Broader Corporate Participation
The surge in BNB interest isn’t isolated:
- Liminatus Pharma (Nasdaq: LIMN) announced a new subsidiary, American BNB Strategy, with plans to allocate up to $500 million in BNB over the long term.
- Windtree Therapeutics (Nasdaq: WINT) last week disclosed an intention to commit up to $700 million to BNB acquisitions.
- Nano Labs confirmed it had acquired 128,000 BNB, valued at over $100 million, following a formal shift toward a crypto treasury model.
These developments underscore the evolving role of crypto assets like BNB in corporate treasury management and portfolio strategy.
Market Dynamics and Outlook
According to CoinDesk data, BNB traded within a 4.47% intraday range, with a morning rally lifting prices from $186.42 to $194.99 before facing resistance. A sharp midday selloff brought the price back down to $187.38, though a late rebound saw the token recover to $188.81 on renewed buying.
Volume spikes late in the session suggest institutional accumulation, even amid broader market uncertainty.
As more public companies explore direct exposure to crypto assets, BNB’s combination of network adoption, staking incentives, and corporate alignment may reinforce its role as a strategic holding — especially if the current wave of treasury activity continues to expand.
