TON Strategy Doubles Down on Toncoin TON with Major Buyback and Staking Move

TON Strategy Company (TONX) has executed a significant share repurchase, buying back 250,000 shares at $8.32 each—representing a discount to its $12.18 treasury asset value. This move is part of a broader $250 million buyback initiative and demonstrates strong confidence in the company's strategic pivot toward Toncoin (TON) as a core treasury asset.

The company has staked 217.5 million TON tokens to capture up to 4.8% annualized yield, a strategy that could generate approximately $34 million in annual passive income. This approach not only leverages idle assets but also contributes to securing the TON blockchain network. Despite these positive operational developments, TONX shares have declined 43% over the past 30 days, reflecting the ongoing volatility in the broader cryptocurrency markets and highlighting the disconnect between fundamental execution and short-term market sentiment.