Canadian Firm Soars 550% on Plans to Lead U.S. BNB Treasury Holdings

Shares in Canadian vape firm CEA Industries Inc. (VAPE) surged nearly 550% on Monday following the announcement of an ambitious plan to become the largest publicly traded BNB treasury holder in the United States. VAPE closed at $57.59, marking a 549% jump from Friday’s closing price of $8.88. The rally brought the stock to its highest close in more than three years, although it dipped slightly to $53.61 in after-hours trading. $1.25 Billion to Acquire BNB CEA Industries revealed it plans to raise $500 million through a share sale to private investors, with an additional $750 million potentially available through … Continue reading Canadian Firm Soars 550% on Plans to Lead U.S. BNB Treasury Holdings