Welcome to our dedicated page for TON Strategy SEC filings (Ticker: TONX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
TON Strategy Company (Nasdaq: TONX) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its digital asset treasury strategy, governance, and financial condition. As a Nevada corporation and listed issuer, the company uses SEC filings to report on its Toncoin ($TON) accumulation and staking activities, capital structure decisions, and corporate actions.
Investors reviewing TON Strategy Company’s filings can expect annual reports on Form 10-K and quarterly reports on Form 10-Q to describe its focus on accumulating and holding $TON for long-term investment, the extent of its Toncoin holdings, and the contribution of staking rewards to revenue. These periodic reports also consolidate results from legacy business units such as MARKET.live, LyveCom, and Go Fund Yourself, and present information on digital assets, cash, and equity balances.
Current reports on Form 8-K provide updates on significant events. Recent 8-K filings have addressed quarterly financial results, the launch and execution of the TON Treasury Strategy, the staking of a large percentage of Toncoin reserves, and the authorization of a substantial stock repurchase program. Other 8-Ks have disclosed Nasdaq correspondence regarding shareholder approval requirements under Listing Rules 5635(a) and 5635(b), as well as the outcome of those matters, and reported on the annual meeting of stockholders and voting results for director elections, advisory compensation votes, and auditor ratification.
The company’s definitive proxy statement on Schedule 14A outlines its board structure, governance practices, and proposals submitted to stockholders, including advisory votes on executive compensation and the frequency of such votes. Together, these filings provide context on how TON Strategy Company manages its role as a digital asset treasury vehicle for $TON while maintaining public company governance standards.
On this page, SEC filings are presented with AI-powered summaries that highlight key points from lengthy documents, helping readers quickly understand topics such as Toncoin treasury disclosures, staking-related revenues, capital raising transactions, stock repurchase authorizations, and shareholder voting outcomes. Real-time updates from the SEC’s EDGAR system allow users to track new 10-K, 10-Q, 8-K, proxy, and related filings as they are posted, and to review how TON Strategy Company’s regulatory reporting evolves alongside its TON-focused strategy.
William R. Techar reported his initial holdings of TON Strategy Co on a Form 3. He directly owns 467,928 shares of Common Stock, and the filing records this as a holding rather than a new purchase or sale.
TON Strategy Co insider Lynch Robert H. Jr. filed an initial ownership report showing holdings of the company’s common stock. The filing lists 52,576 shares of Common Stock held with direct ownership. This Form 3 does not report any recent purchases or sales, only the existing position.
TON Strategy Co disclosed that Aristeia Master, L.P. holds 3,383,218 shares of its common stock, reported as an indirect position of Aristeia Capital, L.L.C.. Aristeia Capital may be deemed to have voting and investment power over these shares but disclaims beneficial ownership beyond its indirect pecuniary interest.
TON Strategy Co reports a Schedule 13G/A disclosure from an Aristeia Capital-led group showing beneficial ownership of 5,894,057 shares, equal to 10.43% of outstanding Common Stock.
The filing states Aristeia Capital, L.L.C. holds 4,895,110 shares (8.66%) and individual managers (Techar, Frascella, Lynch, Hla) hold specified smaller stakes. Shares outstanding were 56,530,617 as of March 24, 2026, per the issuer's Form 10-K.
TON Strategy Company filed an amended report updating details of its chief executive transition. The company and CEO Veronika Kapustina signed a Separation Agreement on March 31, 2026, confirming that her employment will end on April 15, 2026. The agreement provides severance and benefits that are substantively the same as those in her August 7, 2025 employment contract. This amendment does not change other disclosures from the prior report and is intended to reflect the confirmed departure date and related arrangements.
TON Strategy Company filed its annual report outlining a major strategic pivot to a Toncoin-focused digital asset treasury alongside its existing MARKET.live and Go Fund Yourself businesses. Beginning in 2025, the company designated Toncoin as its primary treasury reserve asset, using a large private placement to build and stake holdings on The Open Network blockchain.
As of December 31, 2025, TON Strategy had staked 219,709,826 units of Toncoin and earned 2,185,286 units in staking rewards, recognized as about $4.0 million of revenue. The company reports owning 4.2% of Toncoin’s total supply, making its balance sheet and stock price highly sensitive to Toncoin’s market value, liquidity, regulation, custody and cybersecurity risks, as well as evolving global tax and securities law treatment of digital assets.
The report also describes a $558 million private investment in public equity used largely to acquire Toncoin, integration of LyveCom into the MARKET.live livestream shopping platform, and a highly concentrated risk profile tied to Toncoin price swings, staking performance, regulatory changes and potential classification or tax developments affecting crypto assets.
TON Strategy Company reported full-year 2025 revenue of $12.8 million, up from $0.9 million in 2024, as it executed its Toncoin-focused treasury strategy and began earning staking income. Staking contributed about $4.0 million of revenue.
The company recorded a loss from operations of $36.4 million and a net loss before income taxes of $148.6 million, driven largely by a $114.2 million net loss on crypto assets tied to realized and unrealized Toncoin fair value changes. Digital assets had a fair value of about $356.8 million and cash and restricted cash totaled $39.7 million at year-end.
TON Strategy held roughly 219.7 million units of Toncoin at December 31, 2025, essentially all staked, and completed its first full quarter of staking in the fourth quarter. The company raised significant capital through a $361.4 million PIPE offering, invested heavily in digital assets and infrastructure, and is searching for a permanent CEO while continuing to operate its MARKET.live and LyveCom commerce businesses.
TON Strategy Company has scheduled its 2026 annual meeting of stockholders for June 9, 2026. Stockholders who hold common stock as of the close of business on April 15, 2026 will be entitled to vote at the meeting.
Because the 2026 meeting will be held more than 30 days before the anniversary of the 2025 annual meeting, the company has set revised deadlines. To submit a stockholder proposal for inclusion in the proxy statement under Rule 14a-8, or to bring other business or director nominations under the bylaws, written notice must be received at the principal executive offices by the close of business on April 6, 2026. Stockholders who plan to use the universal proxy rules to solicit proxies for their own director nominees must also provide the notice required by Rule 14a-19 by April 6, 2026.
TON Strategy Company reported a significant shareholder disclosure from Aristeia Capital, L.L.C., which filed a Schedule 13G as a passive investor. Aristeia beneficially owns 4,849,363 shares of TON Strategy common stock, representing 8.21% of the outstanding shares.
This ownership percentage is based on 59,091,521 shares outstanding as of November 5, 2025, as reported in TON Strategy’s Form 10-Q. Aristeia has sole voting and sole dispositive power over all 4,849,363 shares and certifies that the position is held in the ordinary course of business, not for the purpose of changing or influencing control of the company.