TON Strategy Board Approves $250 Million Share Buyback Program
According to TON Strategy Company’s official statement, it has repurchased over 250,000 shares at an average of $8.32 per share and started staking TON assets to generate on-chain income.
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Fact Check
The statement is directly supported by all seven pieces of evidence. Sources like AFP, Reuters, and Fintech Buzz explicitly mention that the TON Strategy board approved a $250 million stock repurchase program. Evidence 4 specifically notes the program was 'unanimously approved by the board,' and Evidence 5 is a direct press release announcing the approval.
Summary
TON Strategy Company officially announced progress under its $250 million share buyback program, confirming the repurchase of more than 250,000 shares at an average price of $8.32 per share. As of September 11, 2025, the company’s book value per share was $12.181. In addition, TON Strategy has begun staking its TON assets to create on-chain income from treasury holdings.
Terms & Concepts
- Share Buyback: A corporate action where a company repurchases its own shares from the market, often to increase shareholder value or reduce the number of shares in circulation.
- Staking: The process of holding cryptocurrency in a wallet to support the operations and security of a blockchain network, often in exchange for rewards or returns.