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SRM on Nasdaq Sets Sights on $100M TRX Haul for TRON's Treasury

SRM on Nasdaq Sets Sights on $100M TRX Haul for TRON's Treasury

Date: 2025-06-16 16:14:03 | By Edwin Tuttle

SRM Entertainment Drops $100M on TRON Tokens, Justin Sun Joins the Party!

SRM's Bold Move into Crypto Treasuries

Hold onto your hats, folks! SRM Entertainment, the Nasdaq-listed sensation, just announced they're diving headfirst into the crypto world with a whopping $100 million purchase of TRON tokens! This isn't just a casual fling; it's the kickoff to SRM's sizzling new crypto treasury strategy.

On June 16, 2025, SRM dropped a bombshell via a press release. They've secured a cool $100 million in equity investment from a mysterious private investor. Who is it? That's the million-dollar question, but one thing's for sure—they're all in on TRON!

Here's the scoop: the securities purchase agreement between SRM and this shadowy investor will funnel the entire $100 million into TRON (TRX). That's right, SRM is betting big on the native token of the TRON blockchain, founded by none other than the enigmatic Justin Sun back in 2017.

And guess what? Sun's not just watching from the sidelines. He's joining SRM as an advisor, bringing his crypto wizardry to the table!

"As blockchain tech goes global, TRON's leading the charge for cross-border US dollar stablecoin settlements. We're stoked to dive into the future of the world's next-gen financial infrastructure," says SRM's CEO, Rich Miller, with a gleam in his eye.

This power move comes hot on the heels of the U.S. Securities and Exchange Commission calling off their investigation into Sun's project. With that regulatory cloud lifted, SRM's ready to soar!

But wait, there's more! SRM's teaming up with New York's own Dominari Securities as the placement agency for their 220 million convertible offering. Talk about a power duo!

Oh, and did we mention Dominari's got ties to Donald Trump Jr. and Eric Trump? Yeah, the sons of the former U.S. President and masterminds behind some hefty crypto projects. Earlier this year, Sun dropped $30 million into World Liberty Financial, a Trump-backed crypto venture. The connections are real, folks!

Sun, who's already an advisor at World Liberty Financial, is now gearing up to be the linchpin in SRM Entertainment's TRX-buying, TRX-hodling strategy. And get this—SRM's eyeing a rebrand to Tron Inc., taking a page out of Strategy's (formerly MicroStrategy) playbook.

But SRM's not stopping there. They're planning to roll out a dividend policy once they've mastered the art of TRX staking. Buckle up, because SRM's crypto journey is just getting started!

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