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TRX MicroStrategy SRM Pledges All TRX for Staking Rewards
Summary: The largest public holder of TRON (TRX) on the NASDAQ, SRM Entertainment, Inc. (NASDAQ: SRM), announced today that it has successfully pledged its 365,096,845 TRX through the JustLend platform. By combining standard staking rewards and energy leasing, this move can increase the TRX staking annual yield to a maximum of 10%. This action follows the ...
The largest public holder of TRON (TRX) on the NASDAQ, SRM Entertainment, Inc. (NASDAQ: SRM), announced today that it has successfully pledged its 365,096,845 TRX through the JustLend platform. By combining standard staking rewards and energy leasing, this move can increase the TRX staking annual yield to a maximum of 10%. This action follows the company's recent completion of a $100 million financing earlier this month, aimed at launching its TRON reserve strategy. Focused on seizing global opportunities in cryptocurrency, blockchain, and digital innovation, the company aims to create long-term value for shareholders. SRM recently appointed Weike Sun as Chairman of the Board and reached an agreement with TRON blockchain founder Justin Sun, who has joined its strategic advisory committee. To further leverage its substantial TRX reserves, SRM plans to implement a dividend policy. The company also plans to rename itself TRON Inc. to better reflect its new strategy.
