TON Strategy Company, a Nasdaq-listed firm holding digital assets, posted $13.1 million in third-quarter revenue primarily from staking rewards on its GRAM token holdings. The company staked 232.9 million GRAM tokens from a total position of 235.1 million, generating an annualized yield around 16 percent. Revenue fell from $15 million the previous quarter due to lower token prices.
Despite staking income, the company recorded a $24 million net loss driven by a $27.2 million unrealized loss on its GRAM holdings. The loss reflects fair-value accounting rules that require marking token positions to current market prices each quarter. Operating expenses declined, and the company bought back 1.8 million shares for $5.7 million.
Read the full story on BSC News: TON Strategy Company Reports $13.1 Million Q3 Revenue From GRAM Staking, $24 Million Net Loss
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