Tron announced the expansion of its TRON token treasury holdings to over $220 million. The increase comes from Bravemorning, which exercised all of its warrants for $110,000,000 to purchase restricted common shares. As a result, 312,500,100 TRX tokens were added to the Company’s treasury portfolio increasing its pro forma shareholders’ equity to over $220,000,000. This transaction expands Bravemorning’s total equity investment in Tron Inc. (TRON) to $210 million and places it as the controlling shareholder with 86.6% ownership underscoring its long-term commitment in the Company and shareholder value creation. “With this additional $110 million investment from our largest shareholder, Tron Inc. has strengthened its position as the largest public holder of TRX tokens. Our over $220 million treasury underscores our confidence in the TRON network and positions us to capture growth in blockchain adoption, digital payments, and Web3 infrastructure,” said Rich Miller, CEO of Tron Inc.
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