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Tron Inc. Expands TRX Treasury To $245M In Nasdaq Corporate Crypto Bet | Cryptocurrency Market News nasdaq

Tron Inc. Expands TRX Treasury To $245M In Nasdaq Corporate Crypto Bet | Cryptocurrency Market News nasdaq

Nasdaq-listed Tron Inc. has expanded its corporate treasury to 711.2 million TRX, bringing the value of its token holdings to roughly $245 million.

The company, formerly SRM Entertainment, disclosed the purchase of 145,002 TRX on August 24 in regulatory filings. Its stock closed up 7.49% at $2.01 on the same day.

This is not a TRX tokenomics story.

The token’s supply, protocol rules, and network mechanics have not changed because a public company bought more TRX. The story is about corporate treasury strategy — and the continuing spread of crypto balance-sheet models beyond Bitcoin.

TL;DR

  • Tron Inc. now holds 711.2 million TRX.
  • The treasury is valued at roughly $245 million.
  • The company disclosed a 145,002 TRX purchase on August…

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