LAS VEGAS -- TON Strategy Company (Nasdaq: TONX) (the “Company”), a digital asset treasury company committed to holding Toncoin ($TON), announced that it has repurchased over 250,000 shares of its common stock under its previously announced $250 million share repurchase program. Further, the Company has started staking operations, as planned, to generate on-chain income by utilizing its treasury holdings.

The Company repurchased shares at an average of $8.32 per share; by comparison, the Company’s TAV per share was $12.18[1] as of September 11, 2025.

This week’s share repurchases and the start of staking underscore TON Strategy Company’s financial strength, commitment to shareholder value, and long-term confidence in The Open Network (TON) ecosystem. They coincide with recent milestones in the broader TON network - including the availability of $TON on Gemini, Robinhood, and Zengo - which the Company believes represent steps toward broader market access for the token as the native asset of TON, the blockchain powering Telegram’s payments, apps, and digital economy.

Staking marks a new phase in the Company’s capital allocation strategy. By contributing its $TON holdings to network security, TON Strategy Company earns yield in the form of additional $TON, providing recurring on-chain revenues to complement treasury appreciation. Management believes this flywheel - combining accumulation, buybacks, and staking income - positions the Company to steadily grow value per share over time.

“These buybacks and staking milestones demonstrate our conviction in both the durability of the Company’s balance sheet and the long-term opportunity we see ahead,” said Manuel Stotz, Executive Chairman of TON Strategy Company. “Staking allows us to turn our role as a long-term holder of $TON into an active contributor to the network’s security, while generating yield that compounds alongside our treasury. Together with buybacks below TAV per share, these steps reinforce our strategy of steadily compounding value per share.”

Under the share repurchase program, launched on September 8, 2025, the Company can buy back up to $250 million of its common stock. TON Strategy Company appointed Cantor Fitzgerald & Co. as its non-exclusive agent to repurchase the Company’s stock, and the repurchase program more generally provides flexibility around the timing and method of future repurchases, which may be made in the open market or through other means in accordance with applicable securities laws.

“We are executing on a strategic, disciplined capital allocation playbook,” said Veronika Kapustina, Chief Executive Officer of TON Strategy Company. “Staking introduces a recurring revenue stream into our model, while buybacks allow us to enhance shareholder returns. At the same time, we are maintaining resources to continue expanding our $TON treasury.”

Formerly Verb Technology Company, TON Strategy Company began trading as TONX on the Nasdaq Capital Market on September 2, 2025, following its renaming. Following the completion of a $558 million private placement and adoption of a $TON treasury strategy, the Company became the first Nasdaq-listed entity to establish $TON as its primary treasury reserve asset. As an independent treasury company, TON Strategy Company’s mission is to support the growth and security of tokenized networks by serving as a long-term holder of $TON.