TON Strategy (TONX) announced that its treasury asset value per share was $11.90 as of September 7. The company notes this value per share is calculated as the sum of the aggregate market price of the company’s Toncoin (TON-USD) holdings plus the company cash on hand divided by the number of shares of company common stock and prefunded warrants outstanding. The company stated that publishing this metric highlights its focus on transparency as a listed digital asset treasury company.
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