TON Strategy completes first tranche of $250 million share buyback program

On September 12, TON Strategy repurchased more than 250,000 shares of its common stock at an average price of $8.32 per ￰0￱ chairman of TON Strategy, Manuel Stotz, said the buybacks below the company’s TAV per share reinforce its strategy of steadily compounding its value per ￰1￱ of September 11, the crypto firm’s TAV per share was $12.181. The initiative follows its previously announced $250 million share buyback ￰2￱ digital asset treasury company is also committed to staking operations to generate on-chain income by utilizing its treasury holdings as ￰3￱ Strategy begins staking its token holdings As of September 11th, TON Strategy Co. (Nasdaq: $TONX ) disclosed: $TON tokens: 217,529,634 Fully diluted common shares outstanding: 62,486,673 Treasury Asset Value (TAV): $761,087,677 TAV per share: $12.18 We've initiated our $250M buyback program, repurchasing >250K shares at… — tonstrat (@tonstrat) September 12, 2025 TON Strategy said its share repurchase and the start of staking show its current financial ￰4￱ to the firm, the initiative demonstrates its commitment to shareholder value and long-term confidence in The Open Network ( TON ) ￰5￱ crypto company also said its repurchase program complements its recent launch of TON on Gemini , Robinhood, and ￰6￱ Strategy believes the initiative represents steps toward broader market access for the token as the native ￰7￱ said the buybacks and staking initiatives demonstrate the company’s conviction in both the durability of its balance sheet and the long-term opportunity it ￰8￱ added that staking allows the firm to turn its role as a long-term holder of TON into an active contributor to the network’s security by generating yield that compounds alongside its treasury.

“We are executing on a strategic, disciplined capital allocation ￰9￱ introduces a recurring revenue stream into our model, while buyback allows us to enhance shareholder ￰10￱ the same time, we are maintaining resources to continue expanding our TON treasury.” – Veronika Kapustina , CEO of TON Strategy ￰11￱ crypto company launched its share repurchase program on September 8, which allows the firm to buy back up to $250 million of its common ￰12￱ firm also appointed Cantor Fitzgerald & ￰13￱ its non-exclusive agent to repurchase its ￰14￱ to the report, the stock buy-back program provides flexibility around the timing and method of future repurchases in the open market or through other means in accordance with applicable securities ￰15￱ Strategy shares drop after buyback announcement The company also began trading as TONX on the Nasdaq on September 2 after renaming from Verb Technology ￰16￱ firm also completed a $558 million private placement and adopted a TON treasury ￰17￱ initiatives made it the first Nasdaq-listed company to establish TON as its primary treasury reserve ￰18￱ Strategy Company also revealed that its mission is to support the growth and security of tokenized networks by serving as a long-term holder of ￰19￱ Strategy shares dropped by nearly 7.5% after the buyback announcement on Friday, and are currently trading at $7.24 at the time of ￰20￱ company’s stock price dipped more than 60% in the past month and 21% since adopting the TON reserve ￰21￱ Foundation and Kingsway Capital Partners also raised approximately $400 million in July to launch a TON treasury ￰22￱ head of research David Duong and researcher Colin Basco said in a report on Wednesday that crypto-buying public companies are entering a player vs player stage where strategically positioned players will ￰23￱ argued that the initiative would see companies compete harder for investor money and could drive up crypto market prices from the unprecedented capital flowing into ￰24￱ $50 free to trade crypto when you sign up to Bybit now