Well, well, well, dear reader, it seems Tron Inc., that sprightly little outfit we’ve all been half-heartedly watching, has gone and boosted its TRX stash by a cool $110 million. Yes, you heard right-$110 million! Apparently, they’ve bagged this windfall from their bigger, richer pals, Bravemorning Limited, who’s now got them by the short and curlies with an 86.6% stake. Crikey! Over 312 million TRX tokens have found a comfy new home on Tron’s balance sheet, making them the indisputable kings of the TRON castle. 👑
It gets better-or worse, depending on your investment spirit. Bravemorning, showing all the subtlety of a boa constrictor, has exercised all their warrants and snapped up some restricted shares, pushing their total commitment to a staggering $210 million. Rumor has it, they’re quite pleased with themselves, sipping champagne and plotting world domination-or at least a sizable slice of the blockchain pie. 🥧
Meanwhile, Rich Miller, the venerable CEO, proclaimed with a flair that would make a circus ringmaster blush, “With this additional $110 million, Tron’s now the biggest holder of TRX tokens out there, no two ways about it!” He then waxed poetic about how their treasure trove of over $220 million demonstrates their faith in the TRON network, and how they’re poised to leap into the future of digital payments, blockchain growth, and Web3 hijinks. Oh, if only we could all be so confident in our lemonade stands. 🍋
This whole kerfuffle is part of a broader master plan, launched in June 2025, called the TRX Treasury Strategy-sounds fancy, huh? It’s basically a mix of preferred equity and warrants, designed to keep Tron swimming happily in the crypto kiddie pool for the long haul. They’ve been busy, too-hosting over 328 million wallets, supporting half of the USDT in circulation, which roughly adds up to $82.6 billion-because what’s life without a little extra zeros? And, in just the first half of 2025, they settled a staggering $3.6 trillion in USDT transactions. Talk about making it rain! 💸💦
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2025-09-03 17:25