After last week's meme stock rally, Monday has kicked off with a wild surge in the shares of a tiny vape company on plans it will start amassing crypto.

CEA Industries Inc (NASDAQ: VAPE) saw a 7x increase in its stock price this morning after announcing plans to transform into the largest publicly listed holder of Binance Coin (BNB). VAPE is raising $500 million through a private placement deal,

CEA Industries has ambitious plans to become the largest BNB Treasury company after a capital raise that could total $1.25 billion.

CEA Industries shifts to crypto, raising $1.25B to form the biggest public BNB treasury. Share price jumps as investors gain direct access to BNB Chain.

Retail chatter on CEA Industries exploded, message volume on Stocktwits climbed 12,000%, and sentiment flipped to extremely bullish. One user even predicts shares topping $100 by afternoon. CEA said its new BNB treasury strategy will build the world's largest public treasury firm focused on Binance's native token.

CEA Industries (VAPE) saw its stock rise an incredible 550% on July 28 after the Canadian vape company announced plans to adopt a crypto treasury strategy. Take advantage of TipRanks Premium at 50% off!

Shares of CEA Industries Inc (NASDAQ:VAPE) are soaring in Monday morning trading following the announcement of a strategic pivot into cryptocurrency. Here’s what investors need to know.

Canadian vape firm CEA Industries jumps 550% after revealing plans to become the largest U.S. BNB treasury company backed by firms tied to CZ.

CEA Industries stock soared more than 6x on Monday after the Canadian vape-maker announced a dramatic pivot into the cryptocurrency space.