Tron Buys an Additional 178,000 of Its Tokens… Holdings Near 700 Million

Source

JOON HYOUNG LEE

Summary

Tron said via its official X account that it bought an additional 178,377 TRX at an average price of $0.28.
Tron’s token holdings were tallied at about 684.20 million, and it said it will continue to expand holdings at the Digital Asset Treasury (DAT) level.
Tron has been steadily buying its tokens to enhance long-term shareholder value, and it said the token is currently trading around $0.279.

Forecast Trend Report by Period

Tron (TRX) has purchased an additional 178,000 of its own tokens.

Tron said on the 18th (local time) via its official X account that it "bought an additional 178,377 TRX at an average price of $0.28." As of that day, Tron’s holdings of its own tokens were tallied at about 684.20 million.

Tron has been steadily accumulating its tokens. Justin Sun, the founder of Tron, has also repeatedly underscored his intention to build up token reserves. Tron said it will "continue to expand its TRX holdings at the Digital Asset Treasury (DAT) level to enhance long-term shareholder value."

Meanwhile, TRX is trading around $0.279 on CoinMarketCap, down about 0.5% from the previous day.

TRX