Tron Inc. Keeps Buying TRX Daily, Treasury Hits 718.6M
• On Oct 14, Nasdaq-listed Tron Inc. (TRON) bought 150,002 TRX at an average of $0.3333, lifting its treasury to about 718.6M TRX, worth roughly $239M at current prices.
• The company buys about $50K of TRX every day under a 360-day program that began Jan 22, posting each purchase publicly. It had hit 252 straight days by Oct 1.
Steady, but small: $50K a day is a rounding error next to TRX's hundreds of millions in daily volume. Treat it as a commitment signal, not price support.
Not investment advice. DYOR.
@justinsuntron
• On Oct 14, Nasdaq-listed Tron Inc. (TRON) bought 150,002 TRX at an average of $0.3333, lifting its treasury to about 718.6M TRX, worth roughly $239M at current prices.
• The company buys about $50K of TRX every day under a 360-day program that began Jan 22, posting each purchase publicly. It had hit 252 straight days by Oct 1.
Steady, but small: $50K a day is a rounding error next to TRX's hundreds of millions in daily volume. Treat it as a commitment signal, not price support.
Not investment advice. DYOR.
@justinsuntron