TON Launches Buyback Program and Treasury Staking After Shares Fall 40%

TON Strategy Launches $250M Share Buyback, Begins Staking TON Treasury

TON Strategy Company (TONX) has repurchased over 250,000 shares at $8.32 each, well below its stated treasury asset value (TAV) of $12.18, the company said Friday. The buyback is part of a $250 million program and follows TONX’s move to designate toncoin (TON) as its primary treasury asset.

In tandem with the buyback, TONX has started staking its treasury holdings—217.5 million TON tokens—to earn rewards by helping secure blockchain networks. Data from StakingRewards indicates potential yields of up to 4.8%. At the current TON price of $3.24, fully staking the treasury could generate roughly $34 million annually.

Shares of TONX have faced a rough stretch, down more than 43% over the past 30 days and falling 9.2% in Friday’s session. After-hours trading showed a 3.7% rebound.

The company’s dual approach—share repurchases combined with staking—aims to bolster investor confidence while generating yield from its digital asset holdings.