TRON Inc. Plans $1B Buyback of 3.1B TRX Tokens Amid Price Resilience at $0.33
2 Articles
2 Articles
Tron Inc’s $1B Shelf Offering Sparks 3.1B TRX Accumulation—Next Bull Run Incoming? News ETHNews
The offering allows phased acquisitions, enabling Tron Inc to enhance market depth and support near-term TRX price stability. Previous purchase of 365 million TRX in June coincided with a strong price rally, prompting heightened bullish investor expectations. TRON (TRX) trades near $0.329, reflecting a 17% monthly increase and a 147% yearly gain, supported by robust fundamentals and strong on-chain activity. If the offering proceeds, Tron Inc. c…
TRON Inc. Plans $1B Buyback of 3.1B TRX Tokens Amid Price Resilience at $0.33
Good news for TRX investors as TRON Inc. has filed a $1 billion shelf offering with the U.S. SEC, aiming to acquire up to 3.1 billion TRX tokens. This initiative marks an 849% jump from the firm’s last major token purchase of 365 million TRX in June 2025, which coincided with the start of a bullish TRX rally. Currently, TRX trades at $0.33, showing price resilience despite a 2.94% dip over the last 24 hours. Market watchers are eyeing the $0.35 …
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