TON Strategy Company (Nasdaq: TONX) said it has repurchased over 250,000 shares of common stock under its previously announced 250 million buyback program at an average price of $8.32 per share, notably below the company’s Treasury Asset Value (TAV) per share of $12.18.
TON Strategy Executes Buybacks and Begins Staking to Generate Onchain Revenue
WRITTEN BY
SHARE
The Las Vegas‑based digital asset treasury firm also began staking its toncoin (TON) holdings to generate recurring onchain revenue in addition to long‑term treasury appreciation, a move management says transforms passive accumulation into yield‑generating participation in The Open Network. TON Strategy noted the buybacks and staking form part of a disciplined capital‑allocation strategy intended to compound value per share while maintaining resources to grow its TON treasury. The company appointed Cantor Fitzgerald as a non‑exclusive repurchase agent and reiterated risks tied to TAV metrics and market dynamics.
