US EditionTron Is Now More Expensive Than Ethereum. Will That Hurt Justin Sun’s New Company?
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2 Articles
Tron Is Now More Expensive Than Ethereum. Will That Hurt Justin Sun’s New Company?
Dozens of crypto treasury companies have been announced since the beginning of the year. However, none may be as controversial as Nasdaq-listed SRM Entertainment (SRM), which is transitioning into a Tron (TRX) treasury company via a reverse merger and a $210 million injection of capital. The market reaction to the announcement was swift. Shares in SRM, which will change its name to Tron Inc., are up 547.5% as of Wednesday morning. Tron’s billion…
While corporate crypto cash is flourishing around the world, some specialists are sounding alarms. In particular, because Michael Saylor's unwavering conviction seems to give way to an opportunistic kind of amateurism with Justin Sun's Tron Treasury Company! Read more Justin Sun's TRX corporate cash strategy could ruin everything for Tron? appeared first on Cryptoast.
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