Bed Bath & Beyond, Inc. Makes Additional $3 Million Convertible Debt Investment in GrainChain

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09/15/2025 - 09:00 AM

Growth at GrainChain and Bed Bath & Beyond’s Improving Efficiency Motivate Expanded Partnership

MURRAY, Utah--(BUSINESS WIRE)-- Bed Bath & Beyond, Inc. (NYSE:BBBY) today announced that it has made an additional $3 million investment in convertible notes in GrainChain, a leading agricultural technology and fintech company.

“We continue to be extremely pleased with both the results and forward-thinking leadership at GrainChain. They have demonstrated consistent progress and growth,” said Marcus Lemonis, Executive Chairman of Bed Bath & Beyond, Inc. “While many people refer to the company as GrainChain, when I think about them, I think about Supply Chain. The possibilities are endless, and we want to prove that.”

In addition to the investment, Bed Bath & Beyond, Inc. has separately engaged GrainChain to analyze its entire supply chain in order to improve efficiency, margin, and inventory turns. This engagement spans international and domestic sourcing, fulfillment of customer orders, and last-mile delivery to stores. Bed Bath & Beyond believes that GrainChain’s technology has applications far beyond agriculture and is leveraging its own business to demonstrate the platform’s broader potential.

This latest investment builds on Bed Bath & Beyond, Inc.’s ongoing support for GrainChain and underscores the company’s confidence in GrainChain’s ability to transform global supply chains.

About GrainChain

GrainChain is reshaping agriculture with end-to-end technology solutions that bring transparency, efficiency, and security to commodity transactions. By leveraging blockchain, smart contracts, and IoT-enabled systems, GrainChain connects producers, storage operators, buyers, and financiers across the supply chain.

GrainChain’s platform includes:

Trumodity — a transaction and exchange platform linking producers and buyers.
SiloSys — inventory management for grain elevators and storage operators.
Seed Audit — seed traceability and quality verification.
HarvX — logistics management from farm to storage.

To date, GrainChain has processed more than 22.5 billion pounds of commodities, operates in four countries (including the U.S., Mexico, and Honduras), serves over 18,000 participants, and supports more than 24 different commodities.

In 2023, GrainChain raised $29 million to accelerate U.S. and Latin American expansion. With Bed Bath & Beyond’s additional $3 million investment, the company will continue to scale its technology, expand its reach, and strengthen financial solutions for agricultural producers and buyers worldwide.

About Bed Bath & Beyond, Inc.

Bed Bath & Beyond, Inc. (NYSE:BBBY), based in Murray, Utah, is an ecommerce-focused retailer with an affinity model that owns or has ownership interests in various retail brands, offering a comprehensive array of products and services that enable its customers to enhance everyday life through quality, style, and value. The Company currently owns Bed Bath & Beyond, Overstock, buybuy BABY, and other related brands and websites as well as a blockchain asset portfolio inclusive of tZERO, GrainChain, and other assets. The Company regularly posts information and updates on its Newsroom and Investor Relations pages on its website, Beyond.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact, including but not limited to statements regarding our investments including GrainChain, future performance of those investments, anticipated business results, and timing of any of the foregoing. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on February 25, 2025, our Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2025, filed with the SEC on July 29, 2025, and in our subsequent filings with the SEC.