Tron Inc. is backed by Justin Sun. Adds $50K to the treasury in TRX
Tron Inc., which is backed by crypto entrepreneur and billionaire Justin Sun, acquired 175,251 TRX tokens at more than $50,000 on Thursday, increasing its treasury to 685 million TRX, valued at $195 million.
Just buy more
— HE Justin Sun 👨🚀 🌞 (@justinsuntron) March 5, 2026
The company has been steadily increasing its TRX holdings over the past few weeks.
So far this month, Tron Inc. He has accumulated about 886,000 TRX tokens worth more than $250,000, according to on-chain data.
Formed following a merger with SRM Entertainment last July, Tron Inc. is a blockchain infrastructure company that focuses on TRX treasury strategies, including aggregation and stacking and entertainment commodities. Sun serves as the company's strategic advisor.
TRX is a native token of the Tron blockchain designed for decentralized applications and content distribution. According to CoinGecko, TRX now ranks as the eighth largest crypto asset by market capitalization.
By storing TRX on its balance sheet, Tron Inc. gives shareholders exposure to the performance of the underlying protocol without the need to directly hold the digital asset.
Shares of Tron Inc. were up nearly 7% at the close on Yahoo Finance on Wednesday. The stock jumped nearly 18 percent year-to-date.
Disclosure: This article was edited by Vivian Nguyen. See our Editorial Policy for more information on how we create and review content.
