TRX crypto holds near $0.33 as Tron Inc. adds to its treasury

Tron Inc. said it bought another 150,997 TRX on October 26, which brings its reported holdings above 720.5 million tokens. The Nasdaq-listed company paid an average of $0.3311 per token, putting the purchase at approximately $50,000. The update continues its existing accumulation strategy as TRX attempts to hold around the $0.33 level. While the company keeps adding more of it, the price has yet to see a convincing recovery from its October decline. Another installment in a daily buying plan In its October 26 X post, Tron Inc. announced a new purchase and reiterated its intention to increase its holdings. The purchase comes after a strategy disclosed earlier this year. A February SEC-filed announcement showed plans to buy about $50,000 worth of TRX daily for 360 consecutive days.

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