Tron Inc. Expands TRX Treasury to $245M Amid Growing Corporate Crypto Bet

Nasdaq-listed Tron Inc., formerly SRM Entertainment, has expanded its corporate treasury to hold 711.2 million TRX tokens, bringing the value of its token holdings to roughly $245 million.

The company disclosed a 145,002 TRX purchase on August 24 in regulatory filings, and its stock closed up 7.49% at $2.01 on the same day.

This move by Tron Inc. is part of the broader shift towards corporate treasury models that include digital assets beyond Bitcoin.

The large TRX treasury will likely draw investor attention to both the token's performance and the company's capital decisions, as a significant portion of its balance sheet is now tied to the crypto asset.