TON Strategy Reports $13.1 Million in Q3 Revenue, $24 Million Net Loss
JH Kim
Summary
- TON Strategy said it posted $13.1 million in revenue in the third quarter this year.
- It also reported a $24 million net loss for the same period.
- Third-quarter revenue came mainly from Gram (GRAM) staking, and the company said it repurchased $5.7 million of its own shares.
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TON Strategy, a digital-asset treasury strategy company focused on the TON ecosystem, reported $13.1 million in revenue for the third quarter. It posted a net loss of $24 million for the same period.
According to TON Strategy's third-quarter earnings released on November 10, most of the revenue came from staking Gram (GRAM).
The company posted a net loss of $24 million in the third quarter.
TON Strategy also said it repurchased $5.7 million of its own shares during the period.
JH Kim
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