Justin Sun-backed Tron Inc. adds $50K in TRX to treasury
Summary
Tron Inc., advised by Justin Sun, recently purchased 175,251 TRX tokens for over $50,000, increasing its treasury to 685 million TRX, valued around $195 million. This move is part of a steady accumulation strategy this month, totaling about 886,000 TRX worth over $250,000. Tron Inc., established last July, focuses on TRX treasury strategies, offering shareholders exposure to the protocol's performance. The company's stock also saw gains, closing up 7% on Wednesday.
(Source:Crypto Briefing)