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CEA Industries CEO David Namdar Issues Letter to Shareholders
Louisville, Colorado, Feb. 25, 2026 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC) ("BNC" or the "Company"), a growth-oriented company focused on
About this update from Cea Industries Inc.
[{"type":"text","content":"Louisville, Colorado, Feb. 25, 2026 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC) (\"BNC\" or the \"Company\"), a growth-oriented company focused on managing the world’s largest corporate treasury of BNB, today issued a letter to shareholders from CEO David Namdar reaffirming the Company’s balance sheet strength, long-term treasury strategy, and commitment to strong corporate governance. The full text of the letter follows: Dear Shareholders, It has been some time since I’ve written to you directly, and I wanted to take a moment to share where things stand. Over recent months, the Company has engaged in shareholder dialogue that has at times played out publicly. As a public company, communications must remain measured, compliant, and coordinated. That discipline necessitates fewer immediate public statements, but ensures accuracy and equal treatment for all shareholders. I want to start by reaffirming what has not changed. The balance sheet remains clean: no material debt, no convertible notes, no encumbered assets. In an environment where many digital asset companies have taken on significant leverage, that conservative positioning gives us genuine flexibility. It is a deliberate choice, and one I believe serves shareholders well. Building a durable digital asset treasury strategy is a complex effort that extends beyond asset accumulation alone. We are actively establishing the governance, reporting, custody, treasury operations, and capital discipline required to withstand market cycles. This foundation is essential to ensuring that long-term value is created on a per-share basis rather than through leverage or short-term balance sheet expansion. Crypto markets have been challenging. For those of us who have navigated prior cycles, these periods are familiar. They are uncomfortable, but they are also where long-term value tends to be shaped. The companies and investors that maintain discipline through downturns that preserve balance sheet strength and allocate capital thoughtfully are consistently the ones that emerge stronger. BNB remains at the center of one of the largest exchange ecosystems globally, with real utility across transaction fees, network participation, and on-chain activity. Our conviction in the asset and the broader strategy remains firm. Execution has continued through this period. Treasury operatio...