TRX Rally Fuels Tron Inc.'s $1B Fundraising Push for Expanded Holdings


#TRON Inc. has filed with the SEC to raise $1 billion to expand its $TRX treasury holdings.


The Nasdaq-listed company plans to use proceeds from stock, debt, and warrant sales to accumulate more tokens.


Tron Inc. already holds over 365 million $TRX tokens following its reverse merger with Justin Sun's blockchain project last month.


The company views its token holdings as long-term investments and expects continued accumulation.


$TRX dropped 5% Monday while Tron Inc. shares surged 23% to trade above $11.80.


The former penny stock has rallied over 1,300% since June, reaching a market cap exceeding $200 million.


This follows the growing trend of companies building #crypto treasuries, with most focusing on $BTC, following MicroStrategy's playbook.

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July 28, 2025 at 11:04 PM
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