Tron Inc. bought 179,408 TRX at $0.28, raising its treasury to over 680.7M tokens as TRX price rebounded amid lower trading volume.
Justin Sun’s Tron Inc. has increased its exposure to TRX after completing another treasury purchase.
The company acquired 179,408 TRX tokens at an average price of $0.28, lifting its total holdings above 680.7 million tokens.
The move aligns with Tron Inc.’s stated goal of building long-term value through steady accumulation, while the TRX price showed a modest recovery amid lower market activity.
Tron Inc. Buys 179K TRX, Treasury Holdings Cross 680M
Tron Inc. announced that it purchased 179,408 TRX tokens during the latest acquisition. The tokens were bought at an average price of $0.28 per unit.
This purchase raised the company’s total TRX treasury to more than 680.7 million tokens.
The acquisition followed similar purchases made earlier in February. On February 7, Tron Inc. bought 184,226 TRX at $0.27 per token.
This was followed by another purchase of 181,085 TRX at $0.28 on February 8. These transactions show a consistent buying pattern.
The company has stated that it plans to continue expanding its Tron DAT holdings. Tron Inc. has not provided a fixed timeline for future purchases.
However, it has linked the treasury strategy to long-term shareholder value rather than short-term market movements.
Justin Sun Signals Support for TRX Accumulation
Justin Sun, founder of the Tron blockchain, publicly supported the treasury strategy.
He reacted to the announcement with a short message, writing, “Keep Going.” The comment was shared widely across crypto-focused platforms.
Sun’s message was viewed as a sign of confidence in the ongoing accumulation strategy.
Tron Inc. operates as a separate corporate entity, but Sun’s statements often influence market perception.
His support came during a period of cautious sentiment across the digital asset market.
The backing also came while regulatory discussions involving Sun remain unresolved. The Securities and Exchange Commission case linked to Sun is currently paused.
Despite this context, Tron-related investment activity has continued without interruption.
Related Reading: TRON Founder Justin Sun Announces Bitcoin Addition to Strategic Reserves
TRX Price Recovers as Trading Volume Drops
Following the treasury update and Sun’s support, the TRX price moved slightly higher. At the time of reporting, TRX traded around $0.2785.
This marked an increase of approximately 0.85 percent over the previous day.
However, trading activity declined during the same period. The 24-hour trading volume dropped by nearly 25 percent.
Total volume stood at around $522 million, showing reduced participation from traders.
Longer timeframes still reflected downward pressure. TRX remained down about 1.8 percent over the past week and 6.2 percent over the past month.
The price movement appeared driven by treasury accumulation rather than broader market demand.
Source: https://www.livebitcoinnews.com/justin-suns-tron-inc-buys-179k-trx-lifting-treasury-holdings-above-680m-tokens/
