TON Strategy Co (TONX)
Financials · Digital asset treasury and Web3 ecosystem / social commerce platforms · Nasdaq
A digital asset treasury and Web3 ecosystem company focused on acquiring and staking Toncoin on The Open Network blockchain while operating livestream shopping and social crowdfunding platforms.
What TON Strategy Co does
TON Strategy Company is a digital asset treasury and Web3 ecosystem company that acquires and stakes Toncoin, the native token of The Open Network blockchain (originally integrated with Telegram). The company earns revenue from staking rewards and manages its corporate treasury holdings across the TON blockchain. Beyond its core treasury strategy, the company operates MARKET.live, a livestream shopping platform enabling brands and creators to broadcast shoppable events across TikTok, YouTube, Facebook, Instagram, and Pinterest; LyveCom, an AI-driven video commerce platform acquired in 2025 for omnichannel livestream shopping capabilities; and Go Fund Yourself, a social crowdfunding platform for Regulation CF and Regulation A offerings.
Themes: ["Web3 / blockchain treasury","Toncoin staking and yield generation","Livestream shopping / social commerce","AI video commerce","Regulation CF/A crowdfunding"]
Fundamentals
- Price$3.21 as of 2026-07-10 close
- Market cap$181M as of 2026-07-13
- 1-year return-63.5% as of 2026-07-10 close
- Net margin-1416.6% as of 2026-07-13
- Gross margin+71.0% as of 2026-07-13
- ROE-68.6% as of 2026-07-13
- Debt / equity0.00 as of 2026-07-13
- Revenue growth (YoY)+662.8% as of 2026-07-13
- Revenue CAGR (3y)+1069.0% SEC XBRL
- Beta0.74 as of 2026-07-13
Key risks (from latest filing)
["Significant net losses and uncertainty regarding achieving profitability; company was unprofitable with negative net margin of -1416.59% as of mid-2026","Heavy dependence on Toncoin price volatility and regulatory changes in the digital asset landscape; company's financial results directly affected by Toncoin market price and holdings less liquid than cash","Cybersecurity risks related to Toncoin holdings and third-party custody dependencies; reliance on BitGo Trust Company and Blockchain.com for asset custody and staking operations"]
Competitors & peers
- Shopify (SHOP)
- TikTok Shop (private, but direct competitive threat noted in filing)
- Amazon Live (AMZN)
- YouTube Shopping (Alphabet / GOOGL)
Fundamentals: Finnhub, as of 2026-07-13. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.