“The Company has begun stinging it ton Holdings, WHICH Total 217.5 Million Tokens, to Earn Rewards and Generate Yield.”, – WRITE: www.coindesk.com
The MOVE IS Part of Its Recently Launched $ 250 Million Buack Program and Follows ITS PIVOT TO POSITION Toncoin Ton$ 3.2116 As the Company’s Primary Treasury Asset.
The Company Also Announced that It Has Begun Staking It Holdings to Earn Rewards by Helping Secure the Blockchain Networks, Effectiely Using Idle Treasury Assets to Generate Yeld.
Data from stingingRewards shows that yield Could be as High As 4.8%. The Company on It Website Says It Owns 217.5 Million Tonz, with Each Currently Trading at $ 3.24. That would lead to an Annual Yield Near $ 34 Million if the Entire Treasury Were to Be Stake.
Ton Strategy Shares Are Down More than 43% in the Last 30 Days, and Saw A 9.2% Drop in Friday’s Trading SESSION.
Tonx Shares Have in After-Hours Trading Moved Up 3.7%.
CPI Surprises to the Upside While Cracks Widen in US Labor Market; Bitcoin Climbs as the Dollar Weakens and Bond Yields Fall.
- Headline Cpi Rose 0.4% MOM VS. 0.3% expectoed; Jobless Claims and Major Job- Creation Data Revisions Signal Mounting Labor Market Stress.
- Bitcoin Holds Higher Lows, Approaching The CME GAP NEAR $ 117,300
- The 200-Day MOVING AVERAGE CLIMBS TO $ 102,000 as Short-Term Holder Cost Basis Hits an All-Time High.
Read Full Story