GlobeNewswire All Public CompaniesCodex · 实盘不做把握 3/10不做原因:证据不足
北京时间·🕒 发布 20:30:00·⟳ 抓取 20:31:44·⚡ 决策 09-01 23:56:24 +3h24m·56.2 天前
TON Strategy称TON升级支持Telegram原生Gram Wallet并提升网络吞吐
本次升级对TON生态方向偏正面,但核心Telegram钱包开放信息已在2026-08-31由Pavel Durov公开,TON Strategy新闻稿是次日公司视角跟进;同时无法取得指定行情工具的真实现价和市值,不能给可执行ENTER。
📄 原文GlobeNewswire All Public Companies↗ 原文
LAS VEGAS, Sept. 01, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (“ TON Strategy” or the “Company”) (Nasdaq: TONX) ,…
不做 TON Strategy Company(TONX.US)
不做:事件方向偏利好但核心钱包开放已在前一日公开,公司新闻稿增量有限;缺少指定行情工具返回的真实价格、市值和高相似先例,无法形成可执行正期望交易。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
结论摘要
事实层面,Telegram原生Gram Wallet开始小范围开放并将逐步推向十亿级用户,TON网络升级增强钱包架构和吞吐,对GRAM/TON生态是正向叙事;但TONX只是数字资产财库载体,短线股价弹性取决于GRAM价格、NAV折溢价和市场流动性,当前缺少可量化增量与真实入场价,且核心消息已由Durov前一日公开,风险收益不足以开新仓。
消息传播链
- Durov称Gram Wallet已向部分Telegram用户开放,并将在未来数周逐步推出,这是本次催化的最早可见核心事实。
- TON Strategy称其投票支持Config -123和Config 30,并解释钱包架构和最高约30%吞吐提升。
- MarketScreener转载GlobeNewswire稿件并显示TONX盘中参考价约3.205美元、跌约5.74%,但这不是指定stock_quote行情。市场反应:TONX在该页面显示下跌,未体现利好立即兑现。
关键理由
- 正面链条是Telegram钱包逐步开放可能提升TON/GRAM使用需求,TONX作为GRAM财库公司有间接敞口。
- 量级无法可靠量化:TONX披露持有约230.5百万GRAM,但本次升级未披露新增交易量、用户转化率、GRAM价格增量或对TONX每股NAV影响。
- 网页可见行情显示TONX近期波动很高,8月下旬已有多日大涨,当前新闻稿不构成足够新的低扩散催化。
主要风险
- Telegram钱包开放由Durov在2026-08-31已公开,TON Strategy在2026-09-01的稿件存在二次传播和price-in风险。
- TONX财务结果高度依赖GRAM价格与监管环境,新闻稿本身未提供收入、现金流或资产净值的确定增量。
反向证据
- 做多前查反向 · 来源 filing · 日期 2026-09-01 · 影响 weakens
公司新闻稿自身风险提示称其可能持续净亏损、依赖GRAM价格、面临数字资产监管和Nasdaq上市合规风险。
检索:TON Strategy TONX risks GRAM holdings regulatory Nasdaq net losses 原文 ↗ - 做多前查反向 · 来源 web · 日期 2026-09-01 · 影响 weakens
MarketScreener页面显示TONX在新闻转载后盘中仍为负收益,未提供追多确认;该行情不是指定stock_quote,不能作为入场基准。
检索:TONX price reaction September 1 2026 TON Strategy Gram Wallet 原文 ↗
先例如何影响了这次决策
对本次决策的影响:先例不足使止盈止损和仓位无法可靠设定,叠加行情工具缺失,最终不做。
方向:缺少同市场同机制的高相似先例,不能用历史样本支持开仓。
涨幅量级:未取得可用于校准TONX因底层网络升级或钱包rollout而上涨幅度的高相似样本。
形态:数字资产财库股对生态新闻容易受代币价格和情绪主导,当前没有足够样本判断是否反复见光死。
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原文全文
展开原文 · 7,440 字
LAS VEGAS, Sept. 01, 2026 (GLOBE NEWSWIRE) --
TON Strategy Company
(“
TON Strategy” or the “Company”) (Nasdaq: TONX)
, a digital asset treasury company dedicated to supporting The Open Network ("TON") ecosystem, voted in favor of two TON network upgrades, Config -123 and Config 30, supporting continued development of the network’s consumer infrastructure and performance.
Config -123 introduces the smart contract architecture for Telegram’s native Gram Wallet. On August 31, Telegram founder Pavel Durov announced that Gram Wallet is now accessible to a select group of Telegram users and will be gradually rolled out to Telegram’s user base over the next several weeks. Durov also highlighted the validator-approved smart contract powering the wallet.
Rather than embedding the full wallet logic separately in every individual wallet, each wallet uses a small, permanent smart contract that references shared wallet logic maintained at the network level. This allows the core wallet software to be updated consistently across all Telegram wallets through validator governance—without requiring individual users to migrate or update their wallet contracts. The initial version includes signature verification, transaction execution, replay protection and key rotation, and is designed to support additional native functionality such as two-factor authentication and recurring payments over time.
The architecture is particularly important at Telegram scale. A single, shared and upgradeable wallet framework can support potentially hundreds of millions of wallets while keeping the underlying software consistent and current across users. It also enables Telegram to deliver a simple native wallet experience while supporting users who choose to transition to self-custody.
“Blockchain infrastructure has historically pushed too much technical complexity onto the user. Config -123 takes a different approach: the wallet stays in place while the software behind it can evolve through network governance. It is a practical architecture for bringing wallets to hundreds of millions of users—and another example of TON designing blockchain infrastructure to function more like the modern internet: scalable, upgradeable and largely invisible to the end user,” said Kevin Wilson, Chief Executive Officer.
Additionally, Config 30 extends validator leader windows, reducing the coordination overhead associated with frequent handoffs and enabling greater network throughput. The upgrade is expected to increase network throughput by up to 30%.
Together, Config -123 and Config 30 advance two critical components of network scale: the infrastructure to support greater transaction activity and the wallet architecture to bring that infrastructure to a significantly broader user base.
About TON Strategy Company
TON Strategy Company (Nasdaq: TONX) is focused on the accumulation of GRAM – the native cryptocurrency of Telegram’s billion-user platform – for long-term investment, whether acquired through deployment of proceeds from capital raising activity, staking rewards or via open market purchases. The Company aims to steadily expand its GRAM holdings, stake GRAM, and support the development of a tokenized economy inside Telegram.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than statements of historical fact contained in this press release should be considered forward-looking statements, including, but not limited to, statements regarding: our business and growth strategy; the expected benefits, utility, growth, adoption and development of the TON blockchain and GRAM ecosystem; and the timing, implementation and impact of TON network upgrades. Without limiting the foregoing, in some cases, you can identify forward-looking statements by terms such as “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words.
Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: our incursion of significant net losses and uncertainty whether we will achieve or maintain profitable operations; our ability to grow and compete in the future, and to execute our business strategy; our decision to implement a cryptocurrency treasury strategy, whereby we acquire GRAM, the native cryptocurrency of The Open Network (“TON”) blockchain and our dependence on TON and GRAM as a result of this strategy; our financial results and the market price of our common stock may be affected by the price of GRAM, and our GRAM holdings will be less liquid than cash and cash equivalents; changes in the broader digital asset regulatory landscape and as it relates to TON and GRAM and our failure to comply with applicable regulatory requirements and risks related to any actions we may take to prevent or correct such failure; the availability of opportunities to stake GRAM; our ability to attract and retain qualified management personnel; our susceptibility to cybersecurity incidents and other disruptions, particularly as it relates to our holdings of GRAM; our ability to maintain compliance with the listing requirements of the Nasdaq Capital Market; the impact of, and our ability to operate our business and effectively manage our growth under evolving and uncertain global economic, political, and social trends, including legislation banning or otherwise hampering the digital asset landscape, inflation, rising interest rates, and recessionary concerns; and other important factors discussed in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as any such factors may be updated from time to time in our other filings with the SEC, which is accessible on the SEC’s website at
www.sec.gov
and our Investor Relations page on our website at
www.tonstrat.com/shareholders
.
Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. The forward-looking statements in this press release are based on information available to us as of the date hereof, and we disclaim any obligation to update any forward-looking statements, except as required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.
Investor Relations and Media Contact:
Alec Wilson
investors@tonstrat.com
TON Strategy Company
(“
TON Strategy” or the “Company”) (Nasdaq: TONX)
, a digital asset treasury company dedicated to supporting The Open Network ("TON") ecosystem, voted in favor of two TON network upgrades, Config -123 and Config 30, supporting continued development of the network’s consumer infrastructure and performance.
Config -123 introduces the smart contract architecture for Telegram’s native Gram Wallet. On August 31, Telegram founder Pavel Durov announced that Gram Wallet is now accessible to a select group of Telegram users and will be gradually rolled out to Telegram’s user base over the next several weeks. Durov also highlighted the validator-approved smart contract powering the wallet.
Rather than embedding the full wallet logic separately in every individual wallet, each wallet uses a small, permanent smart contract that references shared wallet logic maintained at the network level. This allows the core wallet software to be updated consistently across all Telegram wallets through validator governance—without requiring individual users to migrate or update their wallet contracts. The initial version includes signature verification, transaction execution, replay protection and key rotation, and is designed to support additional native functionality such as two-factor authentication and recurring payments over time.
The architecture is particularly important at Telegram scale. A single, shared and upgradeable wallet framework can support potentially hundreds of millions of wallets while keeping the underlying software consistent and current across users. It also enables Telegram to deliver a simple native wallet experience while supporting users who choose to transition to self-custody.
“Blockchain infrastructure has historically pushed too much technical complexity onto the user. Config -123 takes a different approach: the wallet stays in place while the software behind it can evolve through network governance. It is a practical architecture for bringing wallets to hundreds of millions of users—and another example of TON designing blockchain infrastructure to function more like the modern internet: scalable, upgradeable and largely invisible to the end user,” said Kevin Wilson, Chief Executive Officer.
Additionally, Config 30 extends validator leader windows, reducing the coordination overhead associated with frequent handoffs and enabling greater network throughput. The upgrade is expected to increase network throughput by up to 30%.
Together, Config -123 and Config 30 advance two critical components of network scale: the infrastructure to support greater transaction activity and the wallet architecture to bring that infrastructure to a significantly broader user base.
About TON Strategy Company
TON Strategy Company (Nasdaq: TONX) is focused on the accumulation of GRAM – the native cryptocurrency of Telegram’s billion-user platform – for long-term investment, whether acquired through deployment of proceeds from capital raising activity, staking rewards or via open market purchases. The Company aims to steadily expand its GRAM holdings, stake GRAM, and support the development of a tokenized economy inside Telegram.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than statements of historical fact contained in this press release should be considered forward-looking statements, including, but not limited to, statements regarding: our business and growth strategy; the expected benefits, utility, growth, adoption and development of the TON blockchain and GRAM ecosystem; and the timing, implementation and impact of TON network upgrades. Without limiting the foregoing, in some cases, you can identify forward-looking statements by terms such as “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words.
Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: our incursion of significant net losses and uncertainty whether we will achieve or maintain profitable operations; our ability to grow and compete in the future, and to execute our business strategy; our decision to implement a cryptocurrency treasury strategy, whereby we acquire GRAM, the native cryptocurrency of The Open Network (“TON”) blockchain and our dependence on TON and GRAM as a result of this strategy; our financial results and the market price of our common stock may be affected by the price of GRAM, and our GRAM holdings will be less liquid than cash and cash equivalents; changes in the broader digital asset regulatory landscape and as it relates to TON and GRAM and our failure to comply with applicable regulatory requirements and risks related to any actions we may take to prevent or correct such failure; the availability of opportunities to stake GRAM; our ability to attract and retain qualified management personnel; our susceptibility to cybersecurity incidents and other disruptions, particularly as it relates to our holdings of GRAM; our ability to maintain compliance with the listing requirements of the Nasdaq Capital Market; the impact of, and our ability to operate our business and effectively manage our growth under evolving and uncertain global economic, political, and social trends, including legislation banning or otherwise hampering the digital asset landscape, inflation, rising interest rates, and recessionary concerns; and other important factors discussed in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as any such factors may be updated from time to time in our other filings with the SEC, which is accessible on the SEC’s website at
www.sec.gov
and our Investor Relations page on our website at
www.tonstrat.com/shareholders
.
Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. The forward-looking statements in this press release are based on information available to us as of the date hereof, and we disclaim any obligation to update any forward-looking statements, except as required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.
Investor Relations and Media Contact:
Alec Wilson
investors@tonstrat.com
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