Tron Inc. Expands TRX Treasury as TRX Price Eyes Bullish Reversal

Tron Inc. (NASDAQ: TRON) acquired 150,002 TRX tokens at an average price of $0.3333, increasing its reported treasury holdings to more than 718.6 million TRX. The purchase supports the company’s strategy of expanding its digital asset treasury to enhance long-term shareholder value. Meanwhile, the TRX price is testing $0.328 support as a falling wedge develops on the one-hour chart, according to analyst Crypto With Gopal. The next move depends on whether buyers defend this level and push prices above nearby resistance. Tron Inc. announced the acquisition of 150,002 TRX tokens, adding to its existing digital asset treasury.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.