TON Strategy Company ("TON Strategy" or the "Company") (NASDAQ:TONX), a digital asset treasury company dedicated to supporting the TON ecosystem, today provided an update on recent actions taken to wind down legacy social commerce and software operations inherited from Verb Technology Company and reduce the related expense burden. The Company believes the primary operating actions associated with this initiative have largely been completed. The Company also highlighted strong preliminary June staking performance.

TON Strategy has been working to bring its cost structure in line with its long-term strategy centered on managing its Gram treasury and supporting the TON ecosystem. As part of that effort, the Company has taken steps to remove costs tied to non-core legacy operations that no longer fit those priorities. The wind-down has focused primarily on MARKET.live’s legacy agency and livestream shopping services, as well as LyveCom-related social commerce software operations.

June Gram Staking Update

Based on preliminary information, June gross staking yield was approximately 16.0% on an annualized basis. As of June 30, 2026, TON Strategy held approximately 230.5 million Gram.

Kevin Wilson, Chief Executive Officer of TON Strategy Company, stated, "We have taken deliberate steps to reduce the expenses associated with legacy business activities and bring our cost structure in line with our core strategy. These actions simplify our operations and further sharpen our focus on the long-term opportunity we see in Gram and the TON ecosystem. Our June staking performance also demonstrates the productivity of our treasury and the importance of disciplined execution as we continue to support TON."

The Company intends to provide additional updates on the financial benefit of the wind-down and its Gram treasury activity as part of its regular reporting cadence.