TONX’s Big Gamble: Share Buyback & Staking After 40% Plunge

by

Markets

Here’s what you *really* need to know:

  • TON Strategy Company (TONX), in an almost Shakespearean twist of fate, has repurchased more than 250,000 shares of its common stock at a measly $8.32 per share. This is quite the bargain compared to its proclaimed treasury asset value (TAV) of $12.18. How does that sound? Like a fire sale!
  • The company is launching a $250 million share buyback program. Apparently, it’s a noble rescue mission after the shares plummeted by a heart-stopping 40% in just one month. Ouch.
  • In other thrilling news, TONX has begun staking its 217.5 million TON tokens, because who wouldn’t want to put their idle assets to work generating yield? These rewards, just like that extra slice of cake, come with a promise of up to 4.8%. 🍰

TON Strategy Company (TONX) is flexing its muscles after repurchasing over 250,000 shares at $8.32 each. That’s a whopping discount compared to their TAV of $12.18. Go ahead, laugh with us. If only all the stock markets were this forgiving.

This repurchase is part of a larger, “we’re going to fix this” $250 million buyback program, which comes in the wake of its shares falling off a cliff (40% in just 30 days, if you’re keeping track).

And, because “idle assets are so last season,” the company has decided to stake its 217.5 million TON tokens. Because, you know, even your grandma’s old couch cushion generates yield if you leave it long enough. It’s staking time, baby! 😎

According to the experts over at StakingRewards, yield could be as high as 4.8%. That’s nearly $34 million annually if they stake the whole treasury. Quick math: That’s more than enough to buy a small island… or, you know, pay off a month’s worth of bad stock decisions.

TONX shares are, of course, still in freefall-down 43% in the past month. But don’t worry, after-hours trading saw a 3.7% uptick. So maybe there’s hope for this sinking ship after all? ⛵

Read More

2025-09-13 20:18