Nasdaq-listed Tron has filed for an at-the-market share offering allowing it to sell up to $200 million of common stock through Clear Street, to fund a larger Tron (TRX) treasury. According to a Wednesday SEC filing, Clear Street keeps a commission of up to 3% of gross proceeds. The treasury holds 718.9 million TRX worth about $237 million, after buying 149,369 TRX at an average price of $0.3347 on Thursday under a program announced in February to purchase about $50,000 of TRX per day for 360 consecutive days. Shares opened 4.7% lower on Thursday and were on track to extend a roughly 67% decline over 12 months, according to Yahoo Finance.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Cointelegraph ↗
Related tickers and likely impact
TRX/USDT
▲ Likely positiveTRON
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $31.6B |
| Close on 10/14/2026 | 0.33250 |
| Change that session | +1.56% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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