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TON Strategy Announces $250 Million Share Buyback Program

Telegram News 2025-09-05 Create
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TON Strategy Company (TONX) has approved a share repurchase program of up to $250 million. The initiative aims to boost shareholder value and net asset value per share, especially during market volatility.

Executive Chairman Manuel Stotz stated the strategy is to buy back shares when the stock trades at a discount to NAV. This move aligns with the company’s recent pivot to focus on Toncoin (TON), in which it has invested $713 million.

The company, which recently completed a $558 million private placement, aims to act as a public treasury for the TON ecosystem integrated within Telegram.

Telegram News

source: Incrypted

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