1 insider bought €17k of shares over the last 90 days, the latest filed 14 Aug 2026.
TON Strategy Co is a Technology company. Its directors and officers file their transactions with SEC (Form 4). The last twelve months, up to 18 October 2026, brought 33 filings signed by 10 insiders.
Purchases and sales both appear in the filings: 7 purchases (4 insiders, €79k) and 7 sales (3 insiders, €1.4M). Taken together, the sales exceed the purchases by €1.3M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. On the buying side, the filings list 2 senior executives, 1 finance chief and 1 chief executive among the declarants. At €519k, the sale published on 17 August 2026 by Olsen Sarah Josephine is the largest of the period (0.30% of market cap).
The data flag 4 purchases as part of a group of insiders buying within 30 days of each other. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. The last purchase on record was published on 14 August 2026, which is 65 days ago. Filings reach the SEC (Form 4) feed a median of 1 day after the trade. The legal deadline for a Form 4 is two business days after the transaction.
Across the 5,458 companies tracked on its exchange, the median is 22 filings; at 33 filings, this issuer sits above that mark. The full history, which starts in 2021, counts 8 purchases against 8 sales.
In the same sector, recent insider purchases at Gitlab Inc. and Baozun Inc. also feature in our signals. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
+1 other insider
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 88 declarations
TON Strategy Company is a United States-based publicly listed company trading on the Nasdaq under the ticker TONX. The company adopted its current name in September 2025 after changing from Verb Technology Company, Inc., and it has since repositioned itself around a digital asset treasury strategy centered on Toncoin ($TON), the native token of the TON blockchain associated with Telegram. Its operating base is in Las Vegas, Nevada, United States. For investors, this is best understood not as a conventional software vendor, but as a listed capital-allocation vehicle with direct exposure to a specific crypto asset, combining long-term TON accumulation, staking, and treasury yield optimization. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1566610/000149315226020493/formars.pdf?utm_source=openai))
The company’s history matters because TON Strategy is the product of a strategic pivot. Its legacy business roots are in technology and social commerce. Management has said the company continues to operate legacy business lines, including MARKET.live, a multi-vendor livestream shopping platform, and LyveCom, an AI-powered social commerce business that enables omnichannel livestream shopping experiences across websites, apps, and social platforms. That makes TON Strategy a hybrid story: part legacy commerce-tech operator, part digital-asset treasury company. The core investment case has therefore shifted away from traditional revenue growth and toward balance-sheet management, token accumulation, and participation in the TON ecosystem. ([globenewswire.com](https://www.globenewswire.com/news-release/2026/05/12/3292755/0/en/ton-strategy-company-reports-first-quarter-2026-financial-results.html?utm_source=openai))
On a competitive basis, TON Strategy differentiates itself through direct exposure to TON and an explicit strategy to increase holdings through capital raises, staking rewards, and open-market purchases. The company has also highlighted institutional custody and staking infrastructure, implying a more formalized approach than a passive token holder. In its first-quarter 2026 update, it reported holdings of approximately 221.9 million TON as of March 31, 2026, with most of those tokens staked, and it stated that the position represented a meaningful share of the TON supply according to its own network calculations. Those figures should be treated as company-reported data, but they underscore the scale of its TON treasury strategy. ([globenewswire.com](https://www.globenewswire.com/news-release/2026/05/12/3292755/0/en/ton-strategy-company-reports-first-quarter-2026-financial-results.html?utm_source=openai))
Recent catalysts include the full-year 2025 results released on March 31, 2026, and the first-quarter 2026 results released on May 12, 2026. The company has also discussed staking operations launched in 2025, a share repurchase program of up to $250 million, and the rollout of analytics tools intended to improve transparency around treasury and market metrics. For French-speaking investors in Europe, TON Strategy should be viewed primarily as a Nasdaq small-cap with high sensitivity to Toncoin price dynamics, crypto-market liquidity, and treasury execution, rather than as a traditional software growth stock. ([globenewswire.com](https://www.globenewswire.com/news-release/2026/05/12/3292755/0/en/ton-strategy-company-reports-first-quarter-2026-financial-results.html?utm_source=openai))
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