TON Strategy Q3 financial report: holds approximately 235 million GRAM, with a net loss of 23.97 million USD for the quarter

According to SEC filings, GRAM (formerly TON) treasury company TON Strategy (Nasdaq: TONX) announced its financial report for the third quarter of 2026. As of September 30, the company held 235,126,342 GRAM, with a fair value of $348 million and a cost of $745 million, of which 232,865,523 were in a pledged state.

In the third quarter, the company received staking rewards of 9,430,881 GRAM, with staking income of $13.07 million, resulting in a quarterly total staking yield of 4.09%. During the same period, the fair value change loss of digital assets was $27.23 million, leading to a net loss attributable to the company of $23.97 million, with a loss per share of $0.42.

The cumulative net loss for the first three quarters was $38.26 million; the company sold GRAM for $7.56 million and repurchased 1,786,928 shares through a market buyback agreement, costing $5.74 million. As of September 30, cash and cash equivalents amounted to $25.30 million. The original businesses Market.live, Go Fund Yourself, and Lyvecom were announced to be gradually shut down in July.

In addition, the documents show that from October 1 to November 12, the company sold another 2 million GRAM, generating $2.32 million. Based on the price on November 11, the value of the GRAM held as of September 30 decreased to $268 million.