TRX Treasury Company Tron Inc. Receives $110 Million in New Investment, Holding Over $220 Million in TRX

This article is machine translated
Show original

On September 2nd, Tron Inc. (TRON), a US-listed TRX treasury company, received $110 million in new investment from its largest shareholder to expand its TRX treasury. Bravemorning Limited, its largest shareholder, exercised warrants worth $110 million to acquire an additional 312,500,100 TRX tokens, bringing the company's total TRX holdings to over $220 million.

After this transaction, Bravemorning's stake in Tron Inc. reached 86.6%, further consolidating its controlling position.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments