Coinbase Trading Launch: Recent discussions on X about TON Strategy Co (TONX) have been sparked by Coinbase's announcement of $TON spot trading across global platforms. Many users are excited about the potential for increased visibility and liquidity for $TON, which TONX heavily invests in. This news has fueled optimism about the company’s digital asset treasury strategy.
Nasdaq Reprimand Concerns: Another hot topic on X revolves around TONX facing a Nasdaq reprimand for a $273 million Toncoin purchase without shareholder approval. Some express concern over governance issues, while others see the dip in stock price as a short-term hiccup given the long-term potential of $TON. The debate keeps the ticker in sharp focus.
Treasury Strategy Buzz: Posts on X also highlight TONX’s ambitious plan to hold over 5% of TON supply and leverage Telegram’s massive user base. Discussions often mention the company’s $250 million buyback program as a bold move, with mixed views on whether it signals confidence or risk. The speculative nature of TONX continues to drive intense chatter.
Note: This discussion summary was generated from an AI condensation of post data.
TON Strategy Co Insider Trading Activity
TON Strategy Co insiders have traded $TONX stock on the open market 4 times in the past 6 months. Of those trades, 1 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $TONX stock by insiders over the last 6 months:
- RORY J. CUTAIA has made 0 purchases and 3 sales selling 390,940 shares for an estimated $1,203,460.
- MANUEL STOTZ purchased 70,000 shares for an estimated $497,602
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
TON Strategy Co Hedge Fund Activity
We have seen 42 institutional investors add shares of TON Strategy Co stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARISTEIA CAPITAL, L.L.C. added 2,423,476 shares (+inf%) to their portfolio in Q3 2025, for an estimated $17,061,271
- TOMS CAPITAL INVESTMENT MANAGEMENT LP added 2,318,522 shares (+inf%) to their portfolio in Q3 2025, for an estimated $16,322,394
- RIBBIT MANAGEMENT COMPANY, LLC added 1,577,287 shares (+inf%) to their portfolio in Q3 2025, for an estimated $11,104,100
- POLAR ASSET MANAGEMENT PARTNERS INC. added 992,269 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,985,573
- DRW SECURITIES, LLC added 966,343 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,803,054
- YORKVILLE ADVISORS GLOBAL, LP added 900,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,336,000
- PANTERA CAPITAL PARTNERS LP added 867,508 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,107,256
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
