📊 $GRAM | TON Strategy Q3 Report: The Real Picture
TON Strategy (Nasdaq-listed) just reported its Q3 numbers:

🔻 Net loss: $23.97M ($0.42 per share)
🪙 Holdings: 235.1M GRAM (232.9M staked)
💰 Staking revenue: $13.07M (4.09% quarterly yield)
📉 Fair value: $348M vs cost basis $745M
🔄 Sold 2M GRAM for $2.32M (Oct 1 – Nov 12)
🏦 Cash: $25.3M

Analyst view: Staking income is steady, but the company is still deep below its cost basis, and it has been selling some GRAM while buying back shares. GRAM is down 8% today, so the market is reacting.

Keep your eyes on: staking rewards, further GRAM sales, and the price vs the $745M cost basis.

What's your take: bullish or cautious on $GRAM? 👇

#GRAM #Binance

Not financial advice. DYOR.