Tron Inc. acquires 152,024 TRX at average price of $0.3289

The purchase lifts the company’s treasury holdings to more than 706.2 million TRX tokens, expanding its balance-sheet exposure to the Tron-linked asset.

TRX

Summary

Tron Inc. bought 152,024 TRX at an average price of $0.3289, taking its corporate treasury above 706.2 million TRX tokens. The transaction adds to the company’s direct exposure to TRX, the native token of the Tron network, as firms continue using digital assets as treasury holdings.

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