Nasdaq-listed TRON reports 22% rise in Q3 net profit

Nasdaq-listed TRON posted third-quarter net profit of $14.9 million, up 22% from a year earlier, The Block reported. Net profit for the first nine months reached $39.4 million, up 203% from the same period last year. As of the end of September, the company’s digital asset holdings had increased to $257.8 million. As of Monday, it held 722.9 million TRX worth about $229.7 million.