Verb Technology Skyrockets 149%—What’s Fueling This Digital Asset Powerhouse’s Volcanic Surge?

Summary
• VERB’s stock surges to a 52-week high of $29.77, a 149% jump from its previous close of $9.51
• $558 million oversubscribed PIPE offering positions company to become first publicly traded TON treasury
• 32.6 million shares traded, 3,303% surge in turnover rate signals massive institutional inflow
• TON Wallet’s integration into Telegram’s 1 billion-user ecosystem underpins strategic pivot
Verb Technology (VERB) has ignited a market wildfire, surging 149% in a single session to hit $23.69 as of 7:11 PM ET. The Nasdaq-listed social commerce firm’s dramatic pivot to become the first publicly traded treasury of Toncoin (TON) has triggered a liquidity explosion, with turnover spiking to 32.6 million shares. This moonshot move, backed by 110+ institutional and crypto-native investors including Kingsway Capital and Blockchain.com, positions VERB to become a TON market-cap titan as Telegram’s web3 infrastructure gains global traction.

Web3 Rebranding and TON Treasury Strategy Ignite Institutional Firestorm
The 149% intraday surge in VERB is a direct consequence of its $558 million private placement (PIPE) to rebrand as TON Strategy Co. (TSC), the first publicly traded treasury reserve of Toncoin. This transaction, priced at $9.51 per share (matching the August 1 close), will see VERB acquire 5% of TON’s circulating supply while retaining its core social commerce operations. The move leverages Telegram’s 1 billion-user ecosystem, where TON is now the exclusive blockchain for mini apps, tokenized assets, and advertising. Institutional validation from Kingsway Capital, Blockchain.com, and 110+ crypto-native investors has transformed VERB into a permanent capital vehicle (PCV) for TON, creating a dual-value proposition through staking yields and token appreciation. CEO Rory Cutaia’s endorsement of the 'value creation opportunity' and TON Foundation President Manuel Stotz’s strategic oversight further solidify this paradigm shift.

Digital Asset Treasuries Surge as Institutional Adoption Accelerates
VERB’s 149% rally mirrors a broader trend in digital asset treasuries, with peers like BitMine (BMNR) and Sequans Communications (SQNS) also expanding crypto reserves. BMNR now holds $2.9 billion in ETH, while SQNS added 85 BTC to its treasury. However, VERB’s pivot to TON—a Telegram-powered blockchain with embedded 87 million U.S. users—positions it uniquely at the intersection of social commerce and web3. Unlike Bitcoin or Ethereum treasuries, TON’s integration into Telegram’s interface creates a flywheel effect: staking rewards compound exposure while TON Wallet’s 87 million U.S. users generate organic demand. This structural advantage, combined with TSC’s 77% cash reserve allocation, differentiates it from traditional crypto treasuries.

Technical Breakout and Institutional Validation Signal High-Volatility Playbook
• 200-day average: $6.98 (far below) • RSI: 57.2 (neutral) • MACD: 0.63 (bullish divergence) • Bollinger Bands: $7.17–$10.75 (current price above upper band) • K-line pattern: Short-term bullish trend, long-term ranging
VERB’s technicals scream institutional-driven breakout. The 29.77 intraday high breaches the 52-week high and key resistance at $10.75 (Bollinger upper band). With RSI at 57.2 and MACD divergence forming, the stock is poised for a continuation rally as TSC’s rebranding nears the August 7 closing date. Short-term traders should watch the $23.69 level for a potential pullback, while long-term bulls can target $30 as the next catalyst. The absence of listed options means leveraged ETFs are out of scope, but TON’s $3.40 price (down 7.5% in 24h) offers indirect exposure to the Telegram ecosystem’s growth trajectory.

Backtest Verb Technology Stock Performance
The backtest of VERB's performance after a 149% intraday surge shows mixed results. While the stock experienced a significant surge, it failed to maintain the momentum over the short and medium term. The 3-day win rate was 44.86%, the 10-day win rate was 41.35%, and the 30-day win rate was 41.10%. However, the returns were negative in the short and medium term, with a 3-day return of -1.22%, a 10-day return of -3.04%, and a 30-day return of -5.57%. The maximum return during the backtest period was -0.56%, which occurred on day 0, indicating that the stock declined even on the day following the intraday surge.

August 7 Deadline Looms—Position for TON’s Next Leg Higher
VERB’s 149% surge is a binary event: the August 7 closing of its $558 million PIPE will either cement TSC’s status as a TON market-cap titan or expose the strategy’s execution risk. The 36% share lockup and 77% cash reserve allocation mitigate short-term volatility, but TON’s price performance remains the wild card. With Telegram’s 1 billion users now transacting in TON and TSC’s staking yield model, this is a high-conviction trade for those willing to ride the web3 adoption wave. Watch Grayscale Bitcoin Trust (GBTC) +1.78% for sector sentiment cues, but VERB’s TON-centric thesis offers a unique intersection of social commerce and blockchain innovation.