Tron Inc. Grows Treasury After Shareholder Invests $110 Million
Tron Inc., a publicly listed company on the Nasdaq, has increased its holding of TRX tokens following a significant investment from its largest shareholder. The firm added 312.5 million TRX tokens to its treasury, raising its total token holdings to more than $220 million, according to a statement released Tuesday.
Major Shareholder Boost Drives Accumulation
The latest investment came after Bravemorning Limited, Tron Inc.'s largest shareholder, exercised warrants to purchase an additional $110 million in TRX tokens. Bravemorning now holds approximately an 86.6% stake in Tron Inc., with $210 million invested overall. "With this additional $110 million investment from our largest shareholder, Tron Inc. has strengthened its position as the largest public holder of TRX tokens," said CEO Rich Miller in the statement.
Reverse Merger and Market Performance
Tron Inc. went public via a reverse merger with SRM Entertainment in June. That deal brought in $100 million in equity and included preferred shares and warrants valued at $210 million. As part of the merger, Tron founder Justin Sun joined as an adviser to the company.
Since the rebranding and merger, Tron Inc.'s stock price has surged. Google Finance data shows shares soared over 1,128% in the past six months, though the price has been flat near $4.30 recently.
Expanding Treasury and Future Strategy
In July, Tron Inc. filed with U.S. regulators to raise additional funds through a mix of common stock, preferred stock, debt securities, warrants, and rights. The proceeds are intended for growing its TRX reserves and expanding Web3 business operations.
Crypto treasury strategies have evolved in 2025, with more companies adopting altcoin holdings beyond traditional assets. This trend includes major tokens like Ether, Solana, and XRP. Tron Inc., however, is focusing its reserves on its own blockchain�s native token, TRX.
Industry Reactions and Risk Considerations
Some experts have expressed concerns about the risks of a company holding its own native token as a core reserve asset. Jamie Elkaleh, chief marketing officer at Bitget Wallet, commented, "The company is essentially holding its own equity-like asset as collateral. This is circular and risky. If confidence in Tron Inc falters, TRX may drop, which then tanks Tron Inc�s perceived value even further."
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