U.S.-listed Tron buys additional 312 million TRX
Son Min
Summary
- U.S.-listed Tron (Tron Inc.) announced it executed an additional purchase of 312 million TRX.
- Tron said it purchased 312.5 million TRX through the exercise of Brave Morning's warrants, and that the total value of TRX holdings exceeded $220 million.
- CEO Rich Miller emphasized that confidence in the Tron network remains and that by stockpiling TRX they will secure growth opportunities in the blockchain sector.
Nasdaq-listed Tron (Tron Inc.) has reportedly purchased an additional 312 million TRX.
On the 2nd (local time), according to GlobeNewswire, Tron said in a press release, "Through the exercise of Brave Morning's warrants (stock purchase rights), it purchased 312.5 million TRX," and "the total value of TRX held has exceeded $220 million."
Rich Miller, Tron CEO, said, "Our confidence in the Tron network remains unchanged," and "We will secure growth opportunities in the blockchain sector through TRX reserves."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit