TON Strategy Company (Nasdaq: TONX) has decided to pull out the big guns, repurchasing a whopping 250,000 shares of common stock under their eye-watering 250 million buyback program. All of this at an average price of $8.32 per share, which, surprise surprise, is way below the company’s *supposedly* more important Treasury Asset Value (TAV) of $12.18 per share. Talk about a bargain, right? 🤔
Based in the neon-lit paradise of Las Vegas, this digital asset treasury firm has also decided to make a big play by staking its toncoin (TON) holdings. And why? Well, to generate some sweet recurring on-chain revenue, of course! Because, who doesn’t want their treasury growing long-term while simultaneously raking in some side cash? It’s almost as if they’ve figured out how to turn a passive accumulation strategy into a full-blown yield-generating extravaganza in The Open Network. 💸
And here’s where it gets fancy: the buybacks and staking are part of a *disciplined* capital-allocation strategy (yes, that’s really what they’re calling it), all aimed at compounding value per share, while still leaving enough room for their TON treasury to continue growing. As a cherry on top, they’ve appointed Cantor Fitzgerald as their *non-exclusive* repurchase agent (because exclusivity is so last season). But don’t worry, the company has also made sure to remind everyone that, just like your latest startup idea, there are risks involved with TAV metrics and those pesky market dynamics. 🙄
Read More
- Best Controller Settings for ARC Raiders
- DCU Nightwing Contender Addresses Casting Rumors & Reveals His Other Dream DC Role [Exclusive]
- Stephen Colbert Jokes This Could Be Next Job After Late Show Canceled
- Ashes of Creation Rogue Guide for Beginners
- 10 X-Men Batman Could Beat (Ranked By How Hard It’d Be)
- 7 Home Alone Moments That Still Make No Sense (And #2 Is a Plot Hole)
- Is XRP ETF the New Stock Market Rockstar? Find Out Why Everyone’s Obsessed!
- 10 Most Brutal Acts Of Revenge In Marvel Comics History
- Gold Rate Forecast
- Metroid Prime 4: Beyond Gets Rated T by ESRB for Release in North America
2025-09-14 15:12