Nasdaq-Listed Tron Inc. Buys 154,608 More TRX, Taking Holdings Above 700 Million

Nasdaq-listed Tron Inc. (NASDAQ: TRON) has expanded its corporate reserves with an additional purchase of TRX.

On June 11, the company said it acquired 154,608 TRX at an average price of $0.3234.

The purchase pushed its total TRX holdings above 700 million tokens. At current market prices, the position is worth several hundred million dollars.

Tron Inc. said it will continue expanding its Digital Asset Treasury, or DAT, strategy to boost long-term shareholder value.

The company added that it plans to increase its TRX holdings further depending on market conditions and is disclosing its reserves in real time through a designated on-chain wallet.