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Tron Inc. expands TRX treasury with 151,000‑token purchase
Tron Inc., the Nasdaq‑listed company that manages the Tron blockchain, bought 151,521 TRX at an average price of $0.3300 per token. The purchase lifts the firm’s TRX treasury to more than 707.6 million tokens, continuing a longer‑term strategy of daily accumulation worth roughly $50,000.
TRX is trading around $0.3257, near a critical support zone that analysts have watched for two years. The token’s market capitalisation sits near $31 billion with a 24‑hour volume of about $483 million. Traders see the institutional buying as a confidence signal that could help defend the support level and enable a modest price rise toward $0.37.
The move follows a broader pattern of institutional interest in TRX, with the company’s ongoing treasury expansion aimed at generating value for shareholders and reinforcing the Tron ecosystem.