CEA Industries Inc. (NASDAQ: BNC) announced the appointment of Brent Miller as chief financial officer, effective March 9, 2026. Miller joins the company with more than 20 years of experience in financial reporting, accounting, and capital markets, most recently serving as chief accounting officer at Figure Technology Solutions, a publicly traded blockchain‑native firm.
Miller’s résumé includes senior finance roles at reAlpha Tech Corp., Sunlight Financial Holdings, and KKR Real Estate Finance Trust, where he oversaw capital markets activities and financial reporting. His background in public‑company accounting and capital‑market transactions is expected to reinforce BNC’s governance and internal controls as the company expands its BNB treasury strategy.
BNC has pivoted from its legacy indoor‑agriculture and e‑cigarette businesses to become the world’s largest corporate treasury of Binance Coin (BNB). The transition has been supported by a $500 million private placement in August 2025, but the company has been under pressure, burning cash at a rapid pace while its market valuation has declined sharply over the past year.
CEO David Namdar said, "His expertise in financial reporting, internal controls and capital markets activities positions him well to help strengthen the governance and operational foundation that will support our ability to successfully execute our BNB treasury strategy and enhance value for shareholders. I am confident that Brent's financial and public company leadership experience will serve BNC well during this stage of its growth and beyond." Miller added, "I am excited to join BNC at such a pivotal moment in its development. As the world's largest corporate BNB treasury, the Company has a significant opportunity to leverage the continued growth of the BNB ecosystem, and I look forward to working with the team to realize BNC's potential and deliver sustainable growth and value."
The appointment signals management’s intent to tighten financial oversight and address the company’s cash‑burn trajectory while pursuing its BNB strategy. By bringing in a seasoned CFO with a track record of strengthening governance, BNC aims to reassure investors and stakeholders that it is positioned to navigate the challenges of its new business model and maintain disciplined capital allocation.
With Miller’s experience in public‑company accounting and capital‑market transactions, BNC expects to improve its financial reporting accuracy, enhance internal controls, and support the execution of its BNB treasury program. The move is intended to provide a stronger foundation for future capital initiatives and to demonstrate confidence in the company’s long‑term growth prospects.
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