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TON Strategy Co (TONX)

Technology | Software - Application | Las Vegas, United States | NasdaqCM
3.32 USD +0.11 (3.427%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 3.37 +0.05 (1.506%) ⇧ (July 13, 2026, 7:46 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:31 a.m. EDT

The long-term outlook is dire, driven by a brutal nine-year price collapse where the stock has lost nearly 99.9% of its value. The most damning indicator is the four consecutive years of negative annual returns ending recently, which signals a structural deterioration in the business rather than a temporary correction. Despite recent headlines about a buyback plan and staking milestones, the fundamentals remain broken: the company is burning cash with negative operating margins, negative free cash flow, and a return on equity of -143%. The balance sheet, while technically liquid due to cash holdings, supports a business that cannot generate profit. The short-term rating is merely neutral-to-bearish because the statistical forecasting models show zero predictive power for the next 45 days, and the low trading volume relative to the average suggests a lack of liquidity to fuel a quick bounce. The options market confirms this pessimism, with traders loading up on deep out-of-the-money puts, betting on further weakness rather than a recovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.341005
MSTL0.363366
AutoETS0.377564
AutoTheta0.392514

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 35%
H-stat 0.54
Ljung-Box p 0.000
Jarque-Bera p 0.139
Excess Kurtosis -0.41
Attribute Value
Sector Technology
Debt to Equity Ratio 0.053
Revenue per Share 0.424
Market Cap 187,681,648
Beta 0.74
Previous Name Verb Technology Company, Inc.
Website https://www.tonstrat.com

As of July 11, 2026, 3:31 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in out-of-the-money puts ($5 strike) compared to negligible call activity. The put/call ratio is heavily skewed toward bearish bets, while implied volatility remains extremely low, suggesting a lack of hedging demand or a 'naked' short gamma environment where sellers are exposed to further declines.


Info Dump

Attribute Value
52 Week Change -0.6284722
Address1 2,300 West Sahara Avenue
Address2 Suite 800
All Time High 364,800.0
All Time Low 1.75
Ask 4.1
Ask Size 2
Average Daily Volume10 Day 711,720
Average Daily Volume3 Month 463,355
Average Volume 463,355
Average Volume10Days 711,720
Beta 0.741
Bid 2.39
Bid Size 2
Book Value 5.6
City Las Vegas
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.32
Current Ratio 7.419
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 3.39
Day Low 3.19
Debt To Equity 0.053
Display Name TON Strategy
Earnings Call Timestamp End 1,778,590,800
Earnings Call Timestamp Start 1,778,590,800
Earnings Timestamp 1,778,589,000
Earnings Timestamp End 1,785,933,000
Earnings Timestamp Start 1,785,933,000
Ebitda -33,976,000
Ebitda Margins -2.03121
Enterprise To Ebitda -4.505
Enterprise To Revenue 9.15
Enterprise Value 153,058,656
Eps Trailing Twelve Months -5.16
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.2284
Fifty Day Average Change 0.09159994
Fifty Day Average Change Percent 0.02837317
Fifty Two Week Change Percent -62.84722
Fifty Two Week High 29.77
Fifty Two Week High Change -26.45
Fifty Two Week High Change Percent -0.88847834
Fifty Two Week Low 1.75
Fifty Two Week Low Change 1.5699999
Fifty Two Week Low Change Percent 0.8971428
Fifty Two Week Range 1.75 - 29.77
Financial Currency USD
First Trade Date Milliseconds 1,416,580,200,000
Float Shares 32,306,117
Free Cashflow 486,750
Full Exchange Name NasdaqCM
Full Time Employees 25
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.72535
Gross Profits 12,133,000
Has Pre Post Market Data 1
Held Percent Insiders 0.25873
Held Percent Institutions 0.46323
Implied Shares Outstanding 56,530,617
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,728,432,000
Last Split Factor 1:200
Long Business Summary TON Strategy Company, through its subsidiaries, operates as an interactive video-based social commerce company. The company operates in three segments: TON, MARKET.live, and Go Fund Yourself. The company offers digital asset treasury and Web3 ecosystem. It also provides MARKET.live, a livestream social shopping platform that allows brands, retailers, and creators to broadcast shopping events on various social media channels. In addition, the company offers GO FUND YOURSELF, an interactive social crowd funding platform and TV show for public and private companies on various social media channels. The company was formerly known as Verb Technology Company, Inc. and changed its name to TON Strategy Company in September 2025. TON Strategy Company is headquartered in Las Vegas, Nevada.
Long Name TON Strategy Co
Market us_market
Market Cap 187,681,648
Market State PREPRE
Max Age 86,400
Message Board Id finmb_260032118
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -238,104,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 181,463,280
Open 3.2
Operating Cashflow -24,386,000
Operating Margins -0.73958
Payout Ratio 0.0
Phone 855 250 2300
Post Market Change 0.049999952
Post Market Change Percent 1.5060227
Post Market Price 3.37
Post Market Time 1,783,986,382
Prev Name Verb Technology Company, Inc.
Previous Close 3.21
Price Hint 4
Price To Book 0.5928571
Price To Sales Trailing12 Months 11.220282
Profit Margins 0.0
Quick Ratio 7.14
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.11
Regular Market Change Percent 3.42679
Regular Market Day High 3.39
Regular Market Day Low 3.19
Regular Market Day Range 3.19 - 3.39
Regular Market Open 3.2
Regular Market Previous Close 3.21
Regular Market Price 3.32
Regular Market Time 1,783,972,800
Regular Market Volume 363,514
Return On Assets -0.12587
Return On Equity -1.43099
Revenue Growth 3.025
Revenue Per Share 0.424
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 56,530,617
Shares Percent Shares Out 0.0512
Shares Short 2,896,141
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,499,822
Short Name TON Strategy Company
Short Percent Of Float 0.0756
Short Ratio 9.39
Source Interval 15
State NV
Symbol TONX
Total Cash 34,784,000
Total Cash Per Share 0.615
Total Debt 168,000
Total Revenue 16,727,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -5.16
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.173475
Two Hundred Day Average Change 0.1465249
Two Hundred Day Average Change Percent 0.046171755
Type Disp Equity
Volume 363,514
Website https://www.tonstrat.com
Zip 89,102