Tron Inc. Doubles Treasury With $110M TRX Purchase

Tron Inc., a Nasdaq-listed firm created through a reverse merger with SRM Entertainment, has doubled its TRX reserves with a fresh $110 million investment. The move lifted its treasury holdings above $220 million.

The purchase followed Bravemorning Limited, Tron Inc.’s biggest shareholder, exercising warrants to add 312.5 million TRX. With this, Bravemorning’s stake has risen to 86.6%, bringing its total investment to $210 million.

CEO Rich Miller said the latest addition strengthens Tron Inc.’s position as the largest public holder of TRX. The company has been aggressively building its reserves since its June launch, which secured $100 million in equity and drew Tron founder Justin Sun as an adviser.

In July, Tron Inc. filed with regulators to raise up to $1 billion through equity, debt, and warrants, earmarked to boost its TRX holdings and expand Web3 operations. The move underscores its ambition to become a dominant institutional player in the TRX ecosystem.

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