Tron Inc., the Nasdaq-listed treasury company built around Tron (TRX), bought another 152,162 TRX tokens on Friday at an average price of $0.3286, pushing its corporate holdings above 693 million tokens.
Founder Justin Sun signaled the accumulation campaign is far from over, urging followers to keep buying with a blunt two-word post on X hours after the purchase settled.
Tron Inc. disclosed the buy through its official X account. The tokens sit in a publicly verifiable wallet on the Tron blockchain. Shareholders and analysts can monitor the stack on Tronscan in real time rather than waiting for quarterly filings.
At Friday's average price of $0.3286, the purchase added roughly $50,000 of TRX to a position that has grown steadily through early 2026. Tron Inc. said it aims to keep expanding its Tron DAT, short for digital asset treasury, to drive long-term shareholder value.
The company is already the largest publicly traded holder of TRX, a threshold it cleared in March after crossing 686 million tokens. Its accumulation program runs on near-daily purchases rather than single large tranches.
The treasury model Tron Inc. follows borrows directly from the playbook that Michael Saylor opened to corporate America starting in 2020. A public company issues equity and debt to accumulate one digital asset, then markets its stock as a leveraged proxy for that asset's price.
The approach has attracted imitators across the crypto industry. Altcoin treasury firms targeting Ethereum, Solana, and Tron have raised billions of dollars since 2025. Several have since stumbled as token prices churned and equity premiums compressed.
Tron Inc. itself was formed through a reverse merger that raised roughly $210 million when the deal was announced in 2025. The company was previously known as SRM Entertainment before it adopted the Tron name and Nasdaq ticker in July of that year.
By routing every purchase through a single public wallet, Tron Inc. is leaning on blockchain transparency to court institutional buyers. The tactic contrasts with Bitcoin treasury firms that rely on custodians and periodic attestations.
The DAT model still carries familiar risks. A drop in TRX would compress the company's book value and likely drag the stock lower. Ongoing US Securities and Exchange Commission scrutiny of Sun himself adds a regulatory overhang that traditional corporate treasuries avoid.