GRAM Reserve Company TON Strategy Q3 Revenue $13.1 Million

On November 11, according to The Block, GRAM reserve company TON Strategy posted Q3 revenue of $13.1 million, primarily from GRAM staking rewards, down from $15 million in Q2. The company also recorded a net loss of $24 million for the same period, including an unrealized loss of $27.2 million on its GRAM holdings.

As of the end of the quarter, the company held approximately 235.1 million GRAM worth $348.5 million, with 232.9 million staked and an annualized total yield of approximately 16%. The company also repurchased $5.7 million worth of stock.