tonstrategy

$5.6M STAKING HOOK: TON Strategy s staking haul tops 3.3 million TON, netting its over 227 million tokens a whopping 2.5% yield in a single month.

The TON blockchain just underwent a crucial upgrade, and it's clear that TON Strategy sees significant value in maintaining a strong presence on the network. The company has taken a bold stance by staking nearly all of its tokens, leveraging the newly implemented upgrades to rake in an impressive $5.6 million in staking rewards for May. This aggressive move speaks volumes about TON Strategy s confidence in the project's ability to deliver substantial returns for investors. #CryptocurrencyMarket #TONStrategy #SmartMoneyIsMovingForwardSignal: expect TON to hit $1.05, catalyzed by the success of the staking program.

What does this mean for TON's future price trajectory?

Today, TON Strategy provided an update on the closing of our traditional operations and highlighted our strong preliminary performance in June.

TON Strategy has largely completed the primary operating actions associated with the liquidation of its legacy social commerce and software businesses, a measure expected to reduce annual cash operating expenses by approximately $4 million, while sharpening our focus both on our Gram treasury and on supporting the TON ecosystem.

In addition, we reported a preliminary annualized gross return of approximately 16% for June, with approximately 230.5 million grams held as of June 30.

As explained by Kevin Wilson, our Chief Executive Officer: "These actions simplify our operations and further reinforce our focus on the long-term opportunity we see in the Gram and TON ecosystem.

Our performance in June also demonstrates the productivity of our treasury and the importance of disciplined execution, as we continue to support TON.

#TON #GRAM #Toncoin #TONStrategy #TONValidator $GRAM $DOGS $NOT

Today, TON Strategy announced that we have entered into a trading plan in accordance with Rule 10b5-1, under our current authorization for a $250 million share repurchase program.

This plan is designed to facilitate share repurchases over a two-month period starting July 1.

Manuel Stotz, CEO of TON Strategy, said: "The disciplined allocation of capital is a key factor for long-term shareholder performance.

When our shares trade at a significant discount to their intrinsic value, repurchasing them is the most attractive investment we can make to increase the value for all shareholders ⤵️

$TONXx $TON $QQQB #TON #NASDAQ #stock #TONStrategy #staking @Ton Network @CoinDesk @CoinMarketCap @Cointelegraph