TON Strategy Company appointed Oscar Suarez to its Board of Directors effective August 17, 2026, increasing board size from five to six members. Mr. Suarez succeeds Nicolas Cary as Chairman of the Audit Committee and will serve until the 2027 annual meeting. He brings over four decades of experience in accounting, taxation, and financial governance, including prior roles at Arthur Andersen, KPMG, and Ernst & Young. TON Strategy Company operates in the digital asset industry, specifically focusing on accumulating and staking Gram (Toncoin) to support the TON ecosystem.

TON Strategy Company reported second quarter 2026 financial results on August 11, 2026. The company generated $15.0 million in revenue, driven by staking rewards from its Gram treasury holdings of approximately 230.5 million units valued at $369.5 million as of June 30, 2026. Net income attributable to common shareholders was $76.8 million, including an $82.8 million unrealized gain on digital assets and a $5.5 million non-cash accelerated stock compensation charge. The company also terminated its advisory agreement with Kingsway Capital Partners and expects to remove approximately $4.0 million in annual cash operating costs by discontinuing legacy operations. TON Strategy Company operates as a digital asset treasury company focused on accumulating and staking Gram, the native cryptocurrency of the TON blockchain.

TON Strategy Company terminated its Advisory Services Agreement with Kingsway Capital Partners Limited on August 10, 2026. The agreement, dated August 7, 2025, required an annual advisory fee of 2.0% of the company's fully diluted market capitalization, payable in monthly installments. Payments ceased in March 2026 after the last payment was made on March 18, 2026. The termination occurred without a negotiated settlement because the parties could not reach an agreement, and both sides reserved their rights. The company cannot estimate the financial impact of this termination but does not expect it to affect its TON treasury strategy or daily operations. Kingsway is controlled by Manuel Stotz, the Executive Chairman, and is also a significant stockholder. This company operates in the cryptocurrency sector, specifically focusing on a Bitcoin treasury strategy.

TON Strategy Company received a Letter of Reprimand from Nasdaq staff regarding a violation of shareholder approval requirements under Nasdaq Listing Rule 5635(c). The violation occurred because equity awards issued under the 2019 Stock and Incentive Compensation Plan were inadvertently issued in excess of the approved amount. Nasdaq determined the violation was not deliberate and, following the company's self-reporting and subsequent shareholder ratification, decided not to delist the company's securities. TON Strategy Company operates in the technology and strategic consulting industry.