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TON Strategy Company has initiated the previously planned first share buyback and has started staking TON assets

By: theblockbeats.news|2025/09/12 13:32:42

BlockBeats News, September 12, TON Strategy Company (Nasdaq: TONX) announced that, according to the previously disclosed $250 million stock repurchase plan, the company has repurchased over 250,000 shares of common stock. Additionally, the company has started staking TON assets as planned, aiming to utilize its treasury-held assets to earn on-chain rewards.

The company repurchased shares at an average price of $8.32 per share; in comparison, as of September 11, 2025, the company's Tangible Asset Value (TAV) per share was $12.181. (Businesswire)

Trump: We Have the Best Stock Market Ever

SOL's contract open interest on CME has increased by 25.5% in the past 3 days