AlphaTON shares surge 10.47% intraday after reporting $24.5M in assets, $11M cash, no debt, and $4M GPU deposit for AI expansion.

AlphaTON Capital Corp. (NASDAQ: ATON) surged 10.47% intraday following a market update highlighting a strong balance sheet and strategic AI investments. The company reported $24.5M in total assets, $11M in cash, 23.4M shares outstanding, and no debt or convertible securities. A $4M deposit for 576 Nvidia B300 GPUs, intended for AI revenue generation, underscored its commitment to expanding AI infrastructure. Additionally, AlphaTON raised $44M in capital, with $15M from a registered direct offering, and announced partnerships, including a 20% revenue share with the Midnight Foundation and the launch of the AlphaTON Claude Connector to enhance Telegram-based cryptocurrency operations. These developments reinforced the company’s position as a key player in the Telegram ecosystem and blockchain-AI integration, driving investor optimism.