Tron Inc. acquires 148,912 TRX at $0.3368 average price

The Nasdaq-listed company said its treasury holdings now exceed 698.9 million TRX, expanding its balance-sheet exposure to the token.

TRX

Summary

Tron Inc. said it bought 148,912 TRX at an average price of $0.3368, taking its treasury holdings to more than 698.9 million TRX. The update points to continued accumulation of the token on the balance sheet, a strategy companies use to build direct exposure to digital assets through corporate treasury reserves.

Terms & Concepts
  • TRX: The native token of the Tron network.
  • treasury holdings: Assets a company keeps on its balance sheet.