TON Strategy Company reported significant financial developments in its latest 10-Q filing for the quarter ending June 30, 2026. The company generated total revenue of $15.0 million for the three months ended June 30, 2026, a notable increase from zero revenue in the same period last year. This revenue was primarily derived from staking activities involving its digital asset, Gram, which commenced in September 2025. The cost of revenue for the quarter was $766, resulting in a gross profit of $14.3 million. The company reported a net income of $76.8 million, a substantial turnaround from a net loss of $2.4 million in the prior year.
Comparatively, the first half of 2026 saw total revenue of $18.0 million, again reflecting the impact of staking activities, while the previous year reported no revenue. Operating expenses surged to $20.3 million from $2.2 million, largely due to a non-cash stock compensation charge of $5.5 million related to the forfeiture of legacy restricted stock units. The company’s general and administrative expenses, excluding share-based compensation, also increased significantly, driven by higher personnel costs and advisory fees.
Strategically, TON Strategy Company has focused on expanding its digital asset treasury through its TON Treasury Strategy, which includes acquiring and staking Gram. As of June 30, 2026, the company had 229.9 million units of Gram staked on the TON blockchain, earning staking rewards of approximately 9.4 million and 11.6 million units for the three and six months ended June 30, respectively. The company also reported a fair value of its digital assets at $369.5 million, with unrestricted holdings valued at $111.3 million and restricted holdings at $258.2 million.
Operationally, the company has undergone significant changes, including the rebranding of its digital asset from Toncoin to Gram, effective June 8, 2026. This rebranding did not affect the underlying blockchain or the company’s holdings. Additionally, the company has made strategic hires, including Kevin Wilson as CEO, to bolster its leadership team in the digital asset space. The company’s employee headcount remains stable, with no significant changes reported.
Looking ahead, TON Strategy Company anticipates continued growth in its digital asset treasury and staking operations, although it acknowledges potential risks related to market conditions and regulatory developments. The company remains committed to its strategy of accumulating Gram and supporting the TON ecosystem, leveraging its position within the Telegram platform to enhance user engagement and adoption.
About TON Strategy Co
Verb Technology Company, Inc. develops interactive video-based social commerce platforms, including livestream shopping and social crowdfunding. Its core offerings enable brands, retailers, and creators to engage audiences across social media channels, integrating AI and seamless checkout solutions. The company operates in social commerce, digital marketing, and telehealth, targeting consumer brands, influencers, and healthcare consumers with a focus on innovative, technology-driven customer engagement and revenue models.
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