
Bravemorning Limited boosted its ownership in Tron Inc. to 86.6% after exercising warrants, cementing the company’s position as the largest public holder of TRX tokens.
Tron Inc. announced that Bravemorning Limited, its controlling shareholder, invested $110 million through the exercise of warrants. The move increased Bravemorning’s stake to 86.6% and positioned Tron Inc. as the largest public holder of TRX. The transaction expanded Tron’s TRX treasury, reflecting continued consolidation of ownership and strengthening the company’s crypto reserves.