TON Strategy Company (TONX) investor relations material

Executive summary

• Transitioned from launch phase to full operation with core elements in place, including substantial Toncoin position, staking, and public company structure.

• Completed first full quarter of staking operations after August 2025 launch, holding 219.7 million units of Toncoin valued at $356.8 million at year-end.

• Earned 2.19 million units of Toncoin in 2025 and launched an analytics dashboard for transparency.

• Continued operation of legacy businesses MARKET.live and LyveCom alongside digital asset treasury activities.

• Underwent a CEO transition with a formal search ongoing as of January 2026.

Financial highlights

• Total revenue for 2025 was $12.8 million, up from $0.9 million in 2024, with $4 million from staking activities.

• Gross profit reached $7.6 million, compared to $0.7 million in 2024.

• Total costs and expenses rose to $49.2 million, primarily due to non-cash stock-based compensation and infrastructure costs.

• Net loss before income taxes was $148.6 million, including a $114.2 million net loss on crypto assets.

• Net loss to common stockholders was $149.6 million, or $5.96 per share.

Outlook and guidance

• Emphasis remains on disciplined treasury management, staking a substantial portion of holdings while maintaining liquidity and flexibility.

• Strategy focused on long-term accumulation and staking of Toncoin, supporting tokenized economy development.

• Regular updates to treasury metrics will continue through quarterly and annual filings.

• Ongoing CEO search as part of a planned leadership transition.