TONX - NASDAQ

TON Strategy Co.

TONX·NASDAQ

$3.76

-5.1%

Financial ServicesAsset Management

The first NASDAQ‑listed publicly traded treasury for Toncoin ($TON), the native cryptocurrency of The Open Network (TON). The company accumulates and stakes $TON to build a long-term treasury, offering regulated market exposure to TON through structured capital deployment and staking rewards.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$212.56M

EPS-5.9600

P/E Ratio-0.63

Earnings Date08/05/2026

tonx

Total Non-Current Assets

Last Annual Value

368.80M

3-Year CAGR

162%

5-Year CAGR

66%

10-Year CAGR

135%

Adjust for Inflation

TON Strategy Co. Competitors Analysis of Total Non-Current Assets

TONX · NASDAQ

Company	Total Non-Current Assets	CAGR 3Y	CAGR 5Y	CAGR 10Y
TON Strategy Co. NASDAQ:TONX	368.80M	291.3%	63.8%	136.2%
Chicago Atlantic BDC, Inc. NASDAQ:LIEN	339.06M	84.3%	N/A	N/A
Horizon Technology Finance Corporation NASDAQ:HRZN	693.50M	-2.1%	8.2%	13.5%
GigCapital8 Corp. Units NASDAQ:GIWWU	255.32M	N/A	N/A	N/A
SuRo Capital Corp. NASDAQ:SSSS	226.83M	-3.0%	-2.7%	-2.5%
Innventure, Inc. NASDAQ:INV	516.03M	219.0%	17.2%	N/A
TriplePoint Venture Growth BDC Corp. NYSE:TPVG	819.28M	-0.2%	-1.3%	8.1%
Oaktree Acquisition Corp. III Life Sciences NASDAQ:OACC	201.56M	N/A	N/A	N/A
Mount Logan Capital Inc. Common Stock NASDAQ:MLCI	41.15M	-65.6%	-47.4%	N/A

TON Strategy Co. Fair Value Envelope

TONX · NASDAQ

Our analysis suggests that TONX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $3.76, this represents a potential HIDDEN relative to our calculated worth for TON Strategy Co..

HIDDEN

Intrinsic Value

Current Price: $3.76

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Snapshot

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Value Model

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Statements

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Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

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Analyst Expectations

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