TON Strategy Co 8K

TON Strategy Company reported strong Q2 2026 staking-driven results, advanced the wind-down of legacy operations with significant cost removals, supported a major rebranding and upgrade of the TON/Gram ecosystem, and terminated its Kingsway advisory agreement.

On August 11, 2026, TON Strategy Company (Nasdaq: TONX) announced its second quarter 2026 financial results, highlighting $15.0 million in staking revenue from its Gram digital asset treasury, a fair value of approximately $369.5 million for its Gram holdings as of June 30, 2026, and net income from continuing operations of $83.5 million driven largely by an $82.8 million unrealized gain on Gram valuations. The company reported holding about 230.5 million units of Gram, nearly all staked, generating an annualized gross staking yield of roughly 17% due to the TON network’s Catchain 2.0 upgrade that significantly increased validator rewards. Management also disclosed that it has largely completed the discontinuation of inherited legacy operations, including vendor terminations and personnel cuts expected to eliminate about $4.0 million of annual cash operating costs, and that results from these legacy businesses are now classified as discontinued operations. Operationally, TON Strategy supported the rebranding of Toncoin to Gram (ticker GRAM) effective June 8, 2026, and TON network upgrades that improved speed, throughput, and transaction costs, while also terminating its Advisory Services Agreement with Kingsway Capital Partners Limited on August 10, 2026, resulting in a noncash write-off of approximately $2.9 million. The company ended the quarter with $29.0 million in cash and restricted cash, no debt, and emphasized its focus on a capital allocation framework centered on its Gram treasury, liquidity management, and selective TON ecosystem investments.

Filing Facts

CIK

1566610

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-036987

Alert Tier

6