TON Strategy Repurchases Shares, Begins Staking for Yield Generation

TON Strategy Company (TONX) repurchased over 250,000 shares at $8.32 each, below its treasury asset value (TAV) of $12.18.
The buyback is part of a $250 million program and aligns with TONX's strategy to make toncoin ([TON](https://holder.io/coins/ton/)) its primary treasury asset.
The company has started staking its TON holdings to secure blockchain networks and earn rewards, potentially yielding up to 4.8% annually.
TONX owns 217.5 million TON tokens, currently valued at $3.24 per token, potentially generating around $34 million annually if fully staked.
Over the past 30 days, TON Strategy shares have dropped by more than 43%, including a 9.2% decline in Friday's trading session.
After-hours trading saw TONX shares increase by 3.7%.