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CEO backed by crypto billionaire just raised $500M for BNB - stock soared 700%

Reading time: 2 min • Jul 29, 2025, 10:02 AM (UTC)

Key Points

  • BNB has hit an all-time high of $860 as companies like CEA I...

BNB just hit $860 - its highest price ever - and for once, it wasn't because someone tweeted a rocket emoji. This time, actual companies with actual money decided BNB belongs in their corporate vaults, right next to the boring old cash reserves and government bonds.

When Vaping Meets Crypto Treasury

The party started when CEA Industries (VAPE) - yes, the vaping company - announced they're raising $500 million to stuff their treasury with BNB. With backing from Changpeng Zhao's family office, their stock shot up over 700%. Apparently nothing says "diversified portfolio" quite like combini...

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