TON Strategy Co. (TONX) Research

TONX is the pioneering, publicly traded company on NASDAQ that functions as a dedicated treasury for Toncoin ($TON), the core cryptocurrency powering The Open Network (TON). This entity strategically acquires and stakes $TON tokens, cultivating a robust, long-term asset reserve. By employing disciplined capital allocation and generating returns from staking, TONX offers investors a regulated pathway to gain exposure to the Toncoin market.

Market snapshot

Symbol
TONX
Price
$3.35
Day change
+4.36%
Market cap
$189.4M
P/E ratio
-8.23x
52-week range
1.75-29.77
Sector
Financial Services
Industry
Asset Management
Next earnings
in 2 months

Peer companies

  • GigCapital8 Corp. Units (GIWWU)
  • Horizon Technology Finance Corporation (HRZN)
  • Innventure, Inc. (INV)
  • CSLM Digital Asset Acquisition Corp III Class A Ordinary Shares (KOYN)
  • Chicago Atlantic BDC, Inc. (LIEN)
  • Mount Logan Capital Inc. Common Stock (MLCI)
  • Oaktree Acquisition Corp. III Life Sciences (OACC)
  • SuRo Capital Corp. (SSSS)

Recent insider activity

  • Marbach Mary — P-Purchase (1600 shares) on 2026-05-15
  • Wilson Kevin Mark — P-Purchase (8020 shares) on 2026-05-14
  • Sohn Evan — P-Purchase (2770 shares) on 2026-05-14
  • Sohn Evan — P-Purchase (2770 shares) on 2026-05-14
  • Wilson Kevin Mark — P-Purchase (8020 shares) on 2026-05-14

Open TON Strategy Co. (TONX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.