other_material
confidence high
sentiment positive
materiality 0.75
TON Strategy announces buybacks below $12.18 TAV; starts staking Toncoin
TON Strategy Co
- Repurchased over 250,000 shares at avg $8.32; TAV per share $12.18 as of Sept 11, 2025.
- Begun staking of $TON holdings to generate recurring on-chain revenue alongside treasury appreciation.
- $250M buyback program launched Sept 8; Cantor Fitzgerald appointed as agent.
- Company holds Toncoin as primary treasury asset; formerly Verb Technology, now trades as TONX on Nasdaq.
- Management cites flywheel of accumulation, buybacks, and staking to grow value per share.
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