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Tron Inc. Reports 150,997 TRON (TRX) Purchase, Holdings Top 720.5 Million

The Nasdaq-listed company put the average price at $0.3311 per token, valuing the addition at about $50,000.

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A red enamel token rests among brushed steel treasury pieces / TokenPost.ai
A red enamel token rests among brushed steel treasury pieces / TokenPost.ai

Tron Inc. announced a 150,997-token addition to its TRON (TRX) treasury, putting its reported balance above 720.5 million TRX and extending a stated daily-buying plan.

The company put the average purchase price at $0.3311 per token, implying a value of about $50,000. Tron Inc. posted the update at 10:10 p.m. ET Sunday, Oct. 25 (02:10 UTC Oct. 26).

On Feb. 12, Tron Inc. said it planned to purchase about $50,000 in TRX daily for 360 consecutive days. The latest post describes one addition; the plan does not establish that every intended daily purchase occurred.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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