Home TON Strategy Launches Buyback, Staking Plan

TON Strategy Launches Buyback, Staking Plan

Share
TON Strategy Launches Buyback, Staking Plan | 3.0 TV
News
Share

TON Strategy Company has rolled out a $250 million buyback program after its shares plunged 40%, repurchasing more than 250,000 shares at $8.32—well below its treasury asset value of $12.18 per share. The move underscores management’s efforts to restore investor confidence and highlight the value of its digital treasury.

In addition to the buyback, TON Strategy announced it has started staking its 217.5 million TON tokens, positioning toncoin as the company’s primary treasury asset. At current prices of $3.24 per token, staking could yield up to 4.8%, translating into annual rewards of about $34 million.

This dual approach of buybacks and staking reflects a broader strategy to strengthen balance sheets and harness idle assets for returns. By actively deploying its crypto reserves, TON Strategy is seeking to stabilize its stock performance while reinforcing its commitment to toncoin as a long-term store of value within its corporate structure.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Capital B Reports $78M Loss Despite Buying More Bitcoin
News

Capital B Reports $78M Loss Despite Buying More Bitcoin

Capital B, a French entity that invests in Bitcoin, reported a net loss of €69.5 million ($78 million) for the first half...

Ledger Atom To Include Solana Seeker App Amid Wallet Security Concerns
News

Ledger Atom To Include Solana Seeker App Amid Wallet Security Concerns

Ledger announced a new Android device, Atom, preloaded with Solana Mobile’s Seeker app. The announcement comes days after Ledger investigated a security...

Sweden Pushes Digital Krona Plans As ECB Prepares 2027 Euro Pilot
News

Sweden Pushes Digital Krona Plans As ECB Prepares 2027 Euro Pilot

Sweden’s central bank wants its lawmakers to prepare the legal framework for a possible digital krona, after the European Central Bank is...

Visa Moves USDC Prefunding Into Live Payment Operations
News

Visa Moves USDC Prefunding Into Live Payment Operations

Visa has graduated its USDC stablecoin prefunding product from the pilot to the commercial stage, enabling qualifying organizations to make digital dollar-based...

Related Articles

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...

How To Build AI Agents From Scratch

Artificial Intelligence (AI) is no longer just about answering questions since AI...

Why The Same Crypto Swap Can Cost You More!

Ever wondered why the same crypto swap can give you a different...

BlackRock’s Big AI Crypto Bet: How Agents Could Transform Digital Economy

BlackRock’s latest research explores how AI agents, stablecoins, tokenized assets and computing...