TON Strategy Co (NASDAQ:TONX) is one of the 10 Fastest Growing Tech Penny Stocks to Buy.
On July 1, 2026, TON Strategy Co (NASDAQ:TONX) announced that it entered into a Rule 10b5-1 trading plan to facilitate the repurchase of common stock during a two-month period beginning July 1. The plan was established under the company's existing $250M stock repurchase authorization announced on September 3, 2025. Virtu Financial will serve as the executing broker under the plan.
On June 15, TON Strategy highlighted the TON community's rebrand of Toncoin, the native currency of The Open Network, to "Gram." The rebrand followed a community governance vote that concluded on June 8, 2026, with public reports indicating that 81.22% of participating voting power supported the proposal. TON Strategy said the rebrand changes the native **** et ticker, while the underlying blockchain and network name remain TON. No token swap, migration, bridge, claim, or conversion is required, and TON Strategy's Nasdaq ticker, TONX, is unchanged.
CEO Kevin Wilson called the move from Toncoin to Gram an "important identity milestone" for the TON ecosystem, saying the new name can help make the network easier for users to understand as TON develops around Telegram-native use cases. The company also said recent TON ecosystem developments have focused on improving usability, performance, and developer experience.
TON Strategy Co (NASDAQ:TONX) operates as an interactive video-based social commerce company.
On July 1, 2026, TON Strategy Co (NASDAQ:TONX) announced that it entered into a Rule 10b5-1 trading plan to facilitate the repurchase of common stock during a two-month period beginning July 1. The plan was established under the company's existing $250M stock repurchase authorization announced on September 3, 2025. Virtu Financial will serve as the executing broker under the plan.
On June 15, TON Strategy highlighted the TON community's rebrand of Toncoin, the native currency of The Open Network, to "Gram." The rebrand followed a community governance vote that concluded on June 8, 2026, with public reports indicating that 81.22% of participating voting power supported the proposal. TON Strategy said the rebrand changes the native **** et ticker, while the underlying blockchain and network name remain TON. No token swap, migration, bridge, claim, or conversion is required, and TON Strategy's Nasdaq ticker, TONX, is unchanged.
CEO Kevin Wilson called the move from Toncoin to Gram an "important identity milestone" for the TON ecosystem, saying the new name can help make the network easier for users to understand as TON develops around Telegram-native use cases. The company also said recent TON ecosystem developments have focused on improving usability, performance, and developer experience.
TON Strategy Co (NASDAQ:TONX) operates as an interactive video-based social commerce company.
16 days ago
