TON Strategy Company (TONX) investor relations material

Executive summary

• Held 221.9 million Toncoin as of March 31, 2026, representing 4.29% of all Toncoin and 26.18% of network staking.

• Generated $5.3 million in total Q1 2026 revenue, with $3.0 million from staking activities.

• Ended Q1 with $35 million in cash and restricted cash, and no debt.

• Appointed Kevin Wilson as CEO effective May 2026 to lead the next phase of execution.

• Supported TON network upgrades, enhancing speed, throughput, and reducing transaction fees.

Financial highlights

• Gross profit reached $4.0 million for Q1 2026.

• Total costs and expenses were $7.8 million, including treasury, personnel, and compliance costs.

• Operating loss was $(3.9) million; net loss before taxes was $(91.0) million, including an $(87.9) million unrealized loss on crypto assets.

• Cash and restricted cash totaled $35 million at quarter-end; no debt on the balance sheet.

• Digital assets had a fair value of $272.0 million as of March 31, 2026, rebounding to $433.3 million as of May 6, 2026.

Outlook and guidance

• Management aims to enhance liquidity, market access, and align expenses with core treasury strategy.

• April 2026 saw major TON network upgrades, boosting staking yields to 1.39% from 0.34% in March.

• Management expects existing cash and equivalents to fund operations for at least 12 months.

• Go Fund Yourself is under strategic review, and MARKET.live is eliminating lower-margin contracts to improve profitability.