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Tron Inc. buys 152,333 TRX, lifting treasury above 699.5 million tokens

The company said it acquired the tokens at an average price of $0.3282, adding to a sizable TRX treasury reserve.

TRX

Summary

Tron Inc. said it acquired 152,333 TRX tokens on the day of the announcement at an average price of $0.3282. The purchase lifted its TRX treasury holdings to more than 699.5 million TRX in total, expanding the company’s reserve of the native token tied to the Tron network.

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