Picture of the author

Zoye

07/31 04:14

Tron Inc. files for $1B shelf offering: Will TRX s

Tron Inc. files for $1B shelf offering: Will TRX see another bullish run?

TRON eyes a 3.1B TRX purchase as unrealized profits surge significantly.Kelvin-_77_-768x432.webp

TRON Inc. files a $1B SEC shelf offering, aiming to acquire 3.1 billion TRX. The altcoin’s unrealized profits hit record highs, raising both bullish expectations and sell pressure risks.

In a bold move that has carried the crypto market’s attention by storm, Tron Inc., backed by Justin Sun, has filed a $1 billion shelf offering with the SEC.

The filing signals the company’s intention to potentially acquire up to 3.1 billion TRON [TRX] tokens, an 849% increase from its last known purchase of 365 million TRX back in June.Tron-Inc.-previous-purchase-768x434.jpeg

That previous acquisition coincided with the beginning of a strong upward move in TRX’s price — and now, the market is watching closely to see if history could be about to repeat itself.
#HTX 12th-Anniversary Carnival#Do you think TREE is promising? #Whose “child” is ES — Solana or Ethereum?#Do you think Tanssi is promising? #BTC price hits a new high of $120,000!
14Share

All Comments0LatestHot

LatestHot
noContent

No records