Tron Stock Surges Past Alibaba & Tencent—And Why SRM Investors Might Need a New Pair of Trousers

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If the world of crypto had a magic show, Justin Sun would be sawing tech giants in half with a grin. On a day presumably chosen by consulting tea leaves, SRM Entertainment—now heroically rebranding as Tron MicroStrategy—managed to outpace not only its own shadow, but also the shoelaces of industry behemoths like Alibaba and Tencent in daily trading volume. It’s the sort of moment where even the IT department checks the news to make sure it’s not April Fool’s.

Meanwhile, Tron Group, probably surrounded by charts that look like a toddler’s attempt at abstract art, announced plans for a reverse merger on Monday, June 16. This ingenious maneuver involves merging with SRM Entertainment, a name that, frankly, sounded less like a business and more like a Saturday morning cartoon. Once unionized, the newly-formed entity will boldly begin stashing away Tron TRX tokens, the corporate equivalent of stuffing cash under a very digital mattress.

  • Token price: $0.28 🤑
  • 24h volatility: 0.3% (less than my cat at 3am)
  • Market cap: $26.48 B—give or take the price of a small country
  • 24h volume: $1.12 B (Impressive! That’s a lot of coffee money.)

Tron Out-Trades Alibaba & Tencent—Pigs Fly; Cats Write Financial Columns

It turns out that on the news of this reverse merger, TronStrategy (rolls right off the tongue, doesn’t it?) saw daily volumes balloon beyond $1.8 billion. Even Justin Sun, professional enthusiast and part-time “Look what I did!” messenger, chimed in to say the people and market are “highly enthusiastic.” That’s CEO code for, “We lit a fire and everyone’s dancing around it.”

I just saw that Tron MicroStrategy’s trading volume has surpassed that of Alibaba ($1.19 billion) and Tencent ($700 million).

— H.E. Justin Sun 🍌 (@justinsuntron) June 17, 2025

SRM Entertainment’s shares, upon hearing the news, fainted gracefully upwards, leaping by 533.79% to a finishing tape of $9.19—presumably to the sound of surprised laughter. Week-on-week, the stock has charged from $0.82 to over $9.00, because subtlety is for other, less dramatic stocks.

Reverse Merger: When Going Public Isn’t Hard Enough, So You Do It Backwards

Not content with the mundane, Tron Group is taking the “scenic route” to public listing in the United States, by reverse merging with Nasdaq-listed SRM Entertainment. It’s sort of like sneaking into a party by swapping hats with someone already on the guest list.

The resulting megazord—sorry, merged entity—will adopt the rather understated name, “Tron Inc.” The operation is being facilitated by Dominari Securities, an investment bank apparently with ties to Donald Trump, because every modern saga needs a side character that shouts a lot.

After listing, Tron Inc. aims to hoard Tron tokens like a dragon with a blockchain—planning to kick off its crypto reserves with $210 million in digital treasure. Sources “familiar with the matter” (translation: People Who Were Probably in the Room) confirm that Tron Inc. dreams of a future where their treasury sparkles with more tokens than a slot machine convention.

if you woke up today thinking nothing remarkable would happen in crypto, here’s your gentle reminder that somewhere, someone’s turning SRM Entertainment into a finance soap opera—with more plot twists than a hedgehog in a roller skating contest. 🚀

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2025-06-17 17:27