Tron Inc. buys TRX for 252 consecutive days, holding 716.8M tokens
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Tron Inc. reported 252 straight days of TRX purchases and said its corporate treasury had reached 716.8 million tokens. The company also said the buying is tied to an $18 million agreement with BGDL and a daily pace of about $50,000 in TRX.
Key claims & sources
What it means
The development matters for Tron Inc. holders and market watchers because the company said its treasury had climbed to 716.8 million TRX after 252 consecutive days of purchases. That makes the company’s ongoing token accumulation visible in a way that other corporate treasuries do not usually show day by day.
Market reaction i
TRON rose 0.8% in the 4 hours after the first headline, after a flat 2 hours before.
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