---
title: "TON Strategy Reports Q2 2026: $15.0M Staking Revenue, $83.5M Pre-Tax Gain on Gram Holdings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295536810.md"
description: "TON Strategy reported Q2 2026 results with $15.0M revenue and $83.5M pre-tax net income, driven by an $82.8M fair value gain on Gram holdings. The company held ~230.5M Gram, with ~229.9M staked, earning ~9.4M new Grams due to the Catchain 2.0 upgrade. It also completed wind-down of legacy operations to save $4M annually."
datetime: "2026-08-11T12:23:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295536810.md)
  - [en](https://longbridge.com/en/news/295536810.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295536810.md)
generator: "portal-rs"
---

# TON Strategy Reports Q2 2026: $15.0M Staking Revenue, $83.5M Pre-Tax Gain on Gram Holdings

TON Strategy reported second-quarter 2026 results driven by its Gram treasury and staking activities, generating $15.0 million of revenue and $14.3 million of gross profit. The company recognized an $82.8 million net gain from changes in fair value of its Gram holdings, resulting in $83.5 million in net income from continuing operations before taxes for the quarter. TON Strategy held approximately 230.5 million Gram at June 30, 2026, with about 229.9 million deployed in staking.

**Financial Highlights**

-   Total revenue: $15.0 million for the three months ended June 30, 2026.
-   Gross profit: $14.3 million, representing 95% gross margin for the quarter.
-   Operating income from continuing operations: $0.5 million for Q2 2026.
-   Net income from continuing operations before income taxes: $83.5 million (includes $82.8 million net gain from changes in fair value of Gram holdings).
-   Cash and restricted cash: approximately $29.0 million at June 30, 2026; digital assets fair value: approximately $369.5 million at June 30, 2026.

**Business Highlights**

-   Held approximately 230.5 million units of Gram at June 30, 2026, including ~229.9 million units staked, representing ~4.4% of total Gram supply and ~35% of Gram staked on the network (TonStat data as of Aug 4, 2026).
-   Earned approximately 9.4 million units of Gram during Q2 2026 (up from ~2.2 million in Q1), driven by the TON network Catchain 2.0 upgrade that accelerated block production and increased validator reward issuance.
-   Generated an annualized gross staking yield of approximately 17% during the quarter due to higher network staking yields after the protocol upgrade.
-   Largely completed wind-down of inherited legacy operations—terminations of vendor agreements, reductions in contractor and personnel expenses, and elimination of lower-margin service contracts—expected to remove roughly $4.0 million of annual cash operating costs.
-   Supported the community-approved rebrand of the native asset to Gram (ticker “GRAM”) effective June 8, 2026, and backed network upgrades that improved speed, cost, and capacity for high-volume applications.

Original SEC Filing: TON Strategy Co \[ TONX \] - 8-K - Aug. 11, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**