BlockBeats news, on August 14, supported by YZi Labs, "BNB Version Microstrategy" CEA Industries (BNC) announced an increase of 88,888 BNB. Following an earlier increase of 200,000 BNB tokens earlier this week, this increase marks an important step for BNC towards its publicly announced goal of holding 1% of the total supply of BNB by the end of 2025.

CEA Industries completed a $500 million private sale, led by YZi Labs, and plans to acquire BNB as a primary reserve asset, operating under the name "BNB Network Company" with the stock code changed to BNC. If all warrants are exercised, financing could reach up to $750 million. David Namdar serves as CEO, and 10X Capital manages the BNB treasury.

The upcoming Shanghai upgrade will unlock over $27 billion in Ethereum, providing rewards for validators who have staked their ETH since 2020. Liquid staking derivatives platforms allow any amount of ETH to be staked, and with rewards now active, the competition for the highest annual percentage rate (APR) is on. This article highlights five LSD protocols that may have a chance to win the competition: $PENDLE$, $SD$, $HORD$, $FXS$, and $BNC$.