TON Strategy Company (Nasdaq: TONX, formerly Verb Technology) reported a $23.97 million net loss ($0.42 per share) for the third quarter of 2026.
Treasury & Staking Performance
Treasury Holdings: TON Strategy held 235.13 million GRAM tokens valued at $348.5 million as of September 30, 2026 (cost basis of $745M).
High Staking Yield: Roughly 99% of total holdings (232.86M GRAM) were actively staked, generating 9.43M GRAM in staking rewards ($13.07M) at an annualized gross yield of ~16%.
Per-Share Accretion: Yield and buyback activities increased the company's asset concentration to 4.24 GRAM per common share (a 9% increase from year-end 2025).
Strategic Adjustments
Cost Reduction: Operating expenses fell 39% sequentially to $8.4 million as the company streamlined operations and phased out legacy e-commerce businesses (Market.live, Go Fund Yourself, Lyvecom) to focus strictly on digital asset treasury management.
Share Buybacks: Repurchased 1.78 million shares of stock for $5.7 million during the quarter under its share repurchase program