Key Takeaways:
- Tron Inc. plans to raise $1 billion via various financial instruments to expand its TRX holdings.
- The firm’s TRX treasury strategy includes long-term accumulation, currently holding over 365 million tokens.
- Tron Inc.’s stock has surged 1,300% since June 10, with a market cap now over $200 million.
Tron Inc., formerly known as SRM Entertainment, is seeking to raise $1 billion to expand its holdings in Tron (TRX) following a reverse merger with Justin Sun’s blockchain project.
According to its SEC filing, the Nasdaq-listed company plans to generate the funds through a mix of financial instruments, including common and preferred stock, debt securities, warrants, and rights.
🔗 From entertainment to blockchain innovation.
— Nasdaq Exchange (@NasdaqExchange) July 24, 2025
📈 Tron Inc. (formerly SRM Entertainment) is now officially #NasdaqListed under its new name, pioneering blockchain-integrated treasury strategies.
🔔 Congrats on this milestone, $TRON! pic.twitter.com/OAn8Lp3pW0
The capital will boost its TRX treasury, which already holds over 365 million tokens.
Tron Inc. previously aimed to build a $210 million TRX reserve and has secured $100 million in equity funding toward that goal.
The firm views TRX as a long-term asset and intends to continue accumulating it as part of a diversified treasury strategy that also includes cash and short-term assets.
Despite a 5% dip in TRX’s price, Tron Inc.’s stock surged over 23% following the announcement, now trading above $11.80.
Since June 10, shares have climbed over 1,300%, raising the company’s market cap above $200 million.
Tron Inc.’s focus on TRX over Bitcoin reflects a unique approach to crypto treasury management among public companies.