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TON Strategy posts $13.07M revenue but $24M net loss in Q3 due to GRAM token losses

Protocol Fundamentals
11 Nov 2026, 15:10 WIB
Tokenpost
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Bearish
TON Strategy posts $13.07M revenue but $24M net loss in Q3 due to GRAM token losses

TON Strategy Company reported $13.07 million in revenue for Q3, mainly from Gram staking rewards, but faced a $23.97 million net loss largely due to a $27.2 million unrealized loss on its GRAM token holdings. Revenue decreased slightly from $15 million in Q2 but rose significantly from $707,000 a year earlier. Despite the net loss, operating income from continuing operations improved to $3.98 million from about $500,000 in the previous quarter. The results highlight the volatility in digital asset investments tied to The Open Network (TON).

TON Strategy's Q3 revenue reached $13.07 million, mainly from Gram staking rewards, with a notable net loss driven by unrealized token losses. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 11, 2026 19:22 WIB: out of 50 major cryptocurrencies, 8 rose and 41 fell. Notable movers include AVAX at Rp154.789 (+2.79%, 62% Sell / 38% Buy), AXS at Rp14.297 (-2.64%, 33% Sell / 67% Buy), and BCH at Rp4.152.708 (-2.59%, 59% Sell / 41% Buy).

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