CEA Industries Inc.

CEA Industries Inc. is the largest publicly-traded digital asset treasury focused exclusively on BNB, the native token of the BNB Chain ecosystem. The company aims to build and manage the largest corporate treasury of BNB to provide institutional-grade exposure to BNB Chain. It generates income on eligible BNB holdings through active treasury management, derivatives, or new tokens or coins distributed by projects to the crypto community (Airdrops). Future activities may include validation and staking services, lending, and other decentralized finance (DeFi) protocols, though no BNB has been staked or pledged through April 30, 2026, except for debt obligations. As of April 30, 2026, CEA Industries Inc. held 515,544 BNB tokens with an aggregate fair value of $317.3 million. Digital assets, primarily BNB, constituted 94.6% of total assets. Retail and industry segment operating businesses represent a significantly smaller portion of overall assets based on economic exposure. The company's strategy is based on the thesis that BNB is a scarce, utility-driven digital asset within one of the most active and growing blockchain ecosystems. It provides public equity market investors with exposure to BNB through a Nasdaq-listed, SEC-reporting company, offering direct BNB ownership, public company governance, audited financial reporting, treasury controls, custody infrastructure, and capital markets access. CEA Industries Inc. views BNB as a strategic treasury asset and intends to evaluate opportunities to acquire additional digital assets. The company acquired Fat Panda Ltd.