Ton Strategy Co - executed actions expected to remove $4 mln annual cash operating costs

TON Strategy Company (NASDAQ: TONX) has largely completed its wind-down of legacy social commerce and software operations, a move expected to reduce annual cash operating expenses by approximately $4 million. These actions, initiated earlier this year, focused on exiting lower-margin contracts, terminating vendor arrangements, and reducing personnel tied to non-strategic businesses inherited from Verb Technology Company. The company anticipates the financial benefits of these cost-cutting measures to begin appearing in its second quarter 2026 results, with full impact becoming more visible in subsequent quarters.

Alongside the operational streamlining, TON Strategy reported strong preliminary staking performance for June 2026, with an annualized gross staking yield of approximately 16.0%. As of June 30, 2026, the company held about 230.5 million Gram, the native cryptocurrency of the TON blockchain. Executive Chairman Manuel Stotz emphasized that the wind-down of legacy operations marks a significant milestone, allowing the company to redirect management focus toward its core mission of managing its Gram treasury and supporting the TON ecosystem.

While some residual obligations related to the legacy operations remain, TON Strategy has stated its commitment to managing these matters disciplinally while maintaining balance sheet flexibility. The company’s strategic shift is intended to support a normalized cost structure aligned with its long-term priorities.