Justin Sun Likens His Acquisition Strategy to Buffett's: Only Buy What You Use

Tron founder Justin Sun outlined two major acquisitions at the Inside the Blockchain 100 event at Binance Square. On BitTorrent, Sun said he acquired the U.S.-based file-sharing platform because it was the only real-world application where decentralized technology demonstrably outperformed centralized alternatives, and subsequently launched the BTT token to create economic incentives for uploaders and downloaders across the network's one billion users. On HTX (formerly Huobi), Sun said he moved after fund Baiyu Capital flagged the opportunity, driven largely by seven to eight years of personal use of the exchange. He acknowledged that the HTX acquisition was followed by unexpected setbacks, including the FTX collapse's broader impact on centralized exchanges and a subsequent hacking incident, underscoring what he called security's "permanent" importance in blockchain. Sun said both deals reflected a personal investment philosophy mirroring Warren Buffett's: only acquire or invest in products you use yourself.