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TON Strategy Reports $13.1 Million in Q3 Revenue, $24 Million Net Loss

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Summary

  • TON Strategy said it posted $13.1 million in revenue in the third quarter this year.
  • It also reported a $24 million net loss in the same period.
  • TON Strategy said it generated revenue from Gram (GRAM) staking and carried out $5.7 million in share repurchases during the third quarter.

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Photo: TON Strategy
Photo: TON Strategy

TON Strategy, a digital-asset treasury firm focused on the TON ecosystem, reported $13.1 million in third-quarter revenue. Net loss for the period totaled $24 million.

According to the company's third-quarter results released on Nov. 10, most of the revenue came from Gram (GRAM) staking.

TON Strategy also said it repurchased $5.7 million of its own shares during the quarter.

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