Crypto
Tron Inc. Bets Big on Uninsured TRX Treasury via JustLend
Nasdaq-listed Tron Inc. has made significant investments in its TRX treasury reserve, pushing reported holdings above 709.4 million TRX.
The company acquired another 148,944 TRX at an average price of $0.3357 on August 12, following its second-quarter filing that showed it planned to continue acquiring TRX despite current market conditions.
About 95% of Tron Inc.'s assets are invested in or committed to TRX, with nearly 90% of total assets directly exposed to the protocol JustLend.