On September 2nd, Tron Inc. (TRON), a US-listed TRX treasury company, received $110 million in new investment from its largest shareholder to expand its TRX treasury. Bravemorning Limited, its largest shareholder, exercised warrants worth $110 million to acquire an additional 312,500,100 TRX tokens, bringing the company's total TRX holdings to over $220 million.
After this transaction, Bravemorning's stake in Tron Inc. reached 86.6%, further consolidating its controlling position.