TON Strategy shares jump 14.29% intraday after reporting $120.4M crypto gain and $707K staking revenue in Q3.

TON Strategy surged 14.29% intraday following the release of its Q3 2025 financial results, which highlighted a $120.4 million net gain on crypto assets and the initiation of its TON Treasury Strategy. The company acquired 217.5 million units of $TON, staked 177.1 million units, and earned $707,000 in staking revenue, while also approving a $250 million stock buyback program. The report underscored strong operational execution, including the deployment of $558 million in private placement proceeds to expand its $TON holdings and support The Open Network. Management emphasized long-term alignment with TON’s growth, disciplined capital allocation, and infrastructure development, reinforcing confidence in the strategy. The substantial fair-value gains and buyback authorization directly contributed to the intraday rally, reflecting positive market reception of the company’s strategic and financial progress.