---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-012756"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2025-09-05T23:59:59+00:00"
generated_at: "2026-05-17T07:57:37.363935+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TON Strategy reports ~217M Toncoin holdings (4.23% of supply); targets >5%

## Summary
- Disclosed ~217M Toncoin holdings equal ~4.23% of total supply; goal to exceed 5%.
- Expects meaningful staking revenues; plans proprietary staking infrastructure for itself and third parties.
- Completed $558M PIPE (Aug 7); launched up to $1B ATM program; approved $250M stock buyback; $780M treasury assets.
- Considers tokenizing its stock on TON blockchain and supporting TON open-source development.

## SEC filing metadata
- accession: 0001493152-25-012756
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2025-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315225012756/0001493152-25-012756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315225012756/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-012756
- JSON: https://secwatch.observer/filing/0001493152-25-012756.json
- Plain text: https://secwatch.observer/filing/0001493152-25-012756.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.