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

ZachXBT Says All Hardware Wallets Are “Complete Garbage,” Urges Users To Ditch Ledger For iPhone
News

ZachXBT Says All Hardware Wallets Are “Complete Garbage,” Urges Users To Ditch Ledger For iPhone

ZachXBT has criticized hardware wallets, calling them “complete garbage” and recommending a dedicated iPhone for experienced crypto users. The comments have reignited...

Coinbase Quietly Reopens Account Registration For Mainland China Users
News

Coinbase Quietly Reopens Account Registration For Mainland China Users

Coinbase has quietly started letting users in mainland China register for accounts again. People can now open accounts and verify their identity...

DeepSeek Plans IPO & Fresh Funding As China's AI Race Intensifies
News

DeepSeek Plans IPO & Fresh Funding As China’s AI Race Intensifies

Chinese artificial intelligence startup DeepSeek is reportedly preparing for a major funding round and an initial public offering (IPO), as the company...

Binance Launches $800,000 XRP Airdrop Campaign For RLUSD Holders
News

Binance Launches $800,000 XRP Airdrop Campaign For RLUSD Holders

Binance is launching an $800,000 XRP airdrop for people who hold Ripple USD (RLUSD). This campaign aims to encourage more use of...

Related Articles

How To Trade Memecoins: Top Strategies You Must Know

The cryptocurrency industry has seen a growing influence of memecoins. These memecoins...

Crypto Savings 101: How To Earn Passive Income From Stablecoins

Introduction Let’s imagine a hypothetical situation of wanting to sell Bitcoin after...

How To Know What Drives The Price Of AI Tokens?

Have you ever wondered why some Artificial Intelligence (AI) tokens witness huge...

5 Ways You Can Make Money From AI Tokens

AI Tokens are perhaps the hottest trend in the cryptocurrency market today...