Tron Inc., a firm backed by Justin Sun, has filed a shelf statement with the SEC to issue up to $1 billion in mixed securities. The company, formed through a reverse merger and recently rebranded with the Nasdaq ticker TRON, holds over 365 million TRX tokens and aims to invest in various crypto assets.

The SEC has approved Trump Media's registration for its Bitcoin treasury deal, enabling the firm to utilize $2.3 billion in capital to purchase Bitcoin. While the company has not specified the amount of Bitcoin it intends to acquire, it retains the discretion to make purchases as deemed optimal. Additionally, Trump Media holds a $12 billion universal shelf registration for future stock, debt, or warrant issuances.

Strategy has acquired an additional 3,081 bitcoin for $356.9 million, increasing its total holdings to approximately 632,457 BTC, valued at over $70 billion. The purchase was financed through proceeds from its at-the-market programs, emphasizing the company's strategy of leveraging preferred stocks for bitcoin acquisitions.