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CEA Industries launched a $250 million stock buyback, citing confidence in its BNB holdings and long-term value.
CEA Industries Inc. (Nasdaq: BNC) announced a $250 million stock buyback program, reflecting confidence in its long-term value and the strength of BNB, the cryptocurrency it holds.
The repurchases will occur opportunistically when shares trade below intrinsic value, aiming to boost net asset value per share and deliver returns to shareholders.
The program may use open market purchases, private transactions, or other legal methods and can be paused or discontinued based on market conditions.
The company, which manages one of the world’s largest corporate BNB treasuries, recently increased its holdings to about 418,888 BNB, valued at $368 million.
While the company expresses optimism about BNB’s growth and adoption, it cautions that actual results may vary due to market risks, technological changes, competition, and regulatory factors.
Investors are urged to review the company’s SEC filings for detailed risk disclosures.
CEA Industries lanzó una recompra de acciones de $ 250 millones, citando la confianza en sus tenencias de BNB y su valor a largo plazo.