TON Strategy Company launches its first stock repurchase plan and begins to pledge TON assets

according to businesswire, TON Strategy Company (Nasdaq: TONX) announced that, under the previously announced $250 million stock repurchase plan, the company has repurchased over 250,000 shares of common stock. Additionally, the company has begun to pledge TON assets as planned, aiming to leverage the assets held in its treasury to generate on-chain returns.

The average price at which the company repurchased shares was $8.32 per share; in contrast, as of September 11, 2025, the company's tangible asset value (TAV) per share was $12.181.