LAS VEGAS -- TON Strategy Company (Nasdaq: TONX) (the “Company”), a digital asset treasury company committed to holding Toncoin ($TON), announced that its treasury asset value per share was $11.90 as of September 7, 2025. The Company also confirmed that it has engaged Cantor Fitzgerald & Co., a leading global financial services firm, as its non-exclusive buyback agent for the Company’s previously announced $250 million stock repurchase program.

“Publishing our treasury asset value per share highlights our focus on transparency as a listed digital asset treasury company, while underscoring the progress we’ve made in building TON Strategy Company into the leading public-market vehicle for $TON,” said Manuel Stotz, Executive Chairman of TON Strategy Company. “The appointment of Cantor Fitzgerald to facilitate our buyback program follows the Board’s unanimous approval of an up to $250 million repurchase authorization, giving us the flexibility to act decisively.”

$TON is the native token of The Open Network (TON), a Layer-1 blockchain that is exclusively integrated into Telegram. Through this integration, TON provides the rails for payments, digital property, and decentralized applications across a platform with more than 1 billion monthly active Telegram users worldwide. TON’s combination of distribution at scale and real-world utility positions it as one of the most significant Layer-1 networks in development today.

TON Strategy Company’s mission is to support the growth and security of tokenized networks by serving as a long-term holder of $TON. After the completion of a $558 million private placement and the Company’s (then Verb Technology Company) pivot to a TON treasury strategy in August, the Company became the first publicly traded treasury vehicle dedicated to $TON. On September 5, 2025, the Company published Mr. Stotz’s first Chairman’s Message, in which he provided an update on the Company’s strategy and the broader $TON ecosystem. The Chairman’s Message video and related presentation slides are available on the Company’s website at https://www.tonstrat.com/chairmans-message, and the video is available on YouTube at https://www.youtube.com/@TONStrategyCo-TONX.

TON Strategy Company’s Board of Directors last week authorized a $250 million stock repurchase program, reinforcing the Company’s disciplined approach to capital allocation. The Company executes its mission through permanent balance-sheet capital, sustained accumulation of $TON, and participation in network economics via staking. By doing so, TON Strategy Company seeks not only to compound value per share for investors, but also to strengthen $TON’s underlying infrastructure.