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TON Treasury Company Made Millions From GRAM, But There's a Catch... TON Strategy Company (@tonstrat), a Nasdaq-listed digital asset treasury firm focused on the-open-network:native, reported $13.1 million in Q3 revenue, mainly from GRAM staking rewards. The company held 235.1 million the-open-network:native worth $348.5 million at quarter-end. About 232.9 million GRAM was deployed in staking, generating an annualized gross yield of 16%. However, revenue fell from $15 million in the previous quarter. TON Strategy reported a $24 million net loss over the period. An unrealized loss of $27.2 million on its GRAM holdings drove the result.
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