According to the provided update, the Nasdaq-listed company purchased TRX at an average price of $0.3562, expanding its corporate crypto treasury holdings.
Tron Inc. said it bought 140,382 TRX, the native token of the TRON blockchain, at an average price of $0.3562. The purchase pushed the Nasdaq-listed company’s treasury above 696.5 million TRX. Corporate treasury purchases of native blockchain tokens are closely watched because they show how public companies are using digital assets on their balance sheets.