TON Strategy shares rise 15.26% after-hours on Q3 net income and buyback program using staking revenue.

TON Strategy Co (EXCHANGE:TONX) surged 15.26% in after-hours trading following the announcement of a significant third-quarter recovery, including $84.7 million in net income compared to a $2.0 million net loss in the prior-year period. The company also reported a 707,000-dollar staking revenue contribution and revealed plans to stake 82% of its Toncoin reserves to fund share repurchases, signaling a renewed focus on capital efficiency. Despite insider sales by Director Rory J. Cutaia totaling $561,605 across three transactions, the stock's rally aligns with the firm’s aggressive buyback program, a low 0.41 price-to-earnings ratio, and a 0.28 price-to-book valuation. The positive momentum appears driven by improved financial performance and strategic capital allocation, overshadowing short-term insider selling activity.