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SRM’s Tron Bet Pays Off – $100M Investment Up 10% In Just Weeks

2025-07-14 20:26:45

SRM’s Tron Bet Pays Off – $100M Investment Up 10% In Just Weeks

Main Idea

SRM Entertainment's $100 million investment in Tron (TRX) has yielded a 10% profit in weeks, highlighting Tron's growing legitimacy and market momentum amid a broader crypto rally.

Key Points

1. SRM Entertainment purchased 365,096,845 TRX ($100M) on June 30, 2025, marking its first crypto treasury investment and boosting Tron's corporate adoption narrative.

2. The TRX holdings have appreciated by ~10% since purchase, now valued at $111M, reflecting strong market performance and bullish sentiment.

3. Tron's price broke key resistance at $0.30, reaching its highest level since December 2024, with technical indicators (50-day, 100-day, 200-day SMAs) supporting further upside.

4. The gains align with Bitcoin's surge to a new all-time high ($123,200) and potential regulatory developments during the US House's 'Crypto Week' discussions.

5. SRM joins companies like Strategy (Bitcoin) and SharpLink Gaming (Ethereum) in holding crypto on balance sheets, reinforcing institutional interest in digital assets.

Description

Tron (TRX) has entered a sustained breakout, reaching its highest price level since December 2024 and gaining momentum alongside major crypto assets. The recent surge comes amid a wave of institutional interest, with developments that now place Tron in a similar category to Bitcoin and Ethereum in terms of corporate adoption. On June 30, 2025, SRM Entertainment—a publicly listed company known for designing and selling toys and souvenirs to major theme parks across the US, China, Japan, and Europ...

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