TON Strategy Buys Back Shares at 32% Discount to NAV as Toncoin (TON) Faces Market Pressure
TON Strategy Company has repurchased 250,000 shares at $8.32 per share—representing a significant 32% discount to its $12.18 Treasury Asset Value. This strategic MOVE demonstrates management's confidence in the company's undervalued equity position while utilizing its $250 million authorized buyback capacity.
Concurrently, the company announced it has begun staking operations for its Toncoin ($TON) reserves, transforming idle digital assets into yield-generating instruments. This dual approach of strategic capital allocation combined with crypto-native revenue generation showcases evolving treasury management sophistication within digital asset enterprises.
Market response remained cautious, with shares declining 7.5% following the announcement. This downward movement parallels broader weakness in Toncoin's market valuation, indicating persistent investor skepticism regarding near-term cryptocurrency market conditions despite the company's compelling long-term value proposition.