Overview
- Sun told CoinDesk he intends to add between $50 million and $100 million of bitcoin to Tron's holdings, without disclosing timing or execution details.
- Bitcoin fell to $74,674 during Asian trading on Monday, its lowest since last April, and is down 21% since Jan. 15.
- Binance said late last week it would purchase $1 billion of bitcoin for its user protection fund, adding to recent corporate accumulation.
- Many digital-asset treasuries that bought near 2025 highs are now down more than 30% on their holdings, according to bitcointreasuries data cited in the reporting.
- TRX traded around $0.284, outperforming bitcoin in recent months and holding above its December low of $0.27.