Nasdaq-Listed Tron Inc. Buys 154,608 More TRX, Lifting Holdings Above 700 Million
Summary
- Nasdaq-listed Tron Inc. said it bought an additional 154,608 Tron (TRX) at an average price of $0.3234.
- The purchase pushed the company’s TRX holdings above 700 million tokens, which it said are worth several hundred million dollars at current market prices.
- Tron Inc. said it will continue expanding its Digital Asset Treasury (DAT) strategy, increase its TRX holdings, and disclose its reserve status in real time through an on-chain wallet.
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Nasdaq-listed Tron Inc. (NASDAQ: TRON) has expanded its corporate reserves with an additional purchase of Tron (TRX).
The company said June 11 that it acquired 154,608 TRX at an average purchase price of $0.3234.
The latest purchase lifted its TRX holdings above 700 million tokens. At current market prices, the holdings are worth several hundred million dollars.
Tron Inc. said it plans to continue expanding its Digital Asset Treasury, or DAT, strategy to boost long-term shareholder value.
It added that it will keep increasing its TRX holdings based on market conditions and is disclosing its reserve status in real time through a designated on-chain wallet.
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