TON Strategy Company has initiated the previously planned first share buyback and has started staking TON assets
By: theblockbeats.news|2025/09/12 13:12:13
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)
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