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TRX Treasury Company Tron Inc Receives $110 Million New Investment, Holding TRX Worth Over $220 Million
BlockBeats News, September 2nd, U.S.-listed TRX Treasury company Tron Inc. (TRON) received a $110 million new investment from its largest shareholder to expand the TRX Treasury. Its largest shareholder, Bravemorning Limited, exercised $110 million worth of warrants to increase its holdings by 312,500,100 TRX tokens, bringing the company's total TRX token holdings to over $220 million.
Following this transaction, Bravemorning's stake in Tron Inc. reached 86.6%, further solidifying its controlling position.
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