Material Revenue and Gross Profit Growth
Total revenue for 2025 was $12.8M versus $0.9M in 2024, an increase of approximately 1,322.2%. Gross profit rose to $7.6M from $0.7M in 2024, an increase of approximately 985.7%.
Staking Contribution and Active Treasury
Staking was implemented in August 2025 and contributed approximately $4M to 2025 revenue (~31% of total revenue). The company had 219.7 million Toncoin staked at year-end and reported 2.19 million Toncoin earned since implementation (approximately 1.0% of the staked position earned during the implementation period).
Substantial Digital Asset Holdings
Digital assets (Toncoin holdings) had a fair value of approximately $356.8M at December 31, 2025, with cash and restricted cash totaling about $39.7M, providing a sizeable asset base to support the strategy.
Operational and Reporting Infrastructure Established
The fourth quarter was the first full fiscal period with staking and the company completed operational builds for custody, staking, reporting and compliance. An analytics dashboard (tonstrack.com) was launched to increase transparency around the treasury.
Public Company Structure and Ongoing Governance
TON Strategy Company is positioned to hold and stake Toncoin inside a public company framework intended to provide transparency and access to the TON ecosystem; the board is conducting an active CEO search while maintaining continuity with the current CEO in place.