TON Strategy (TONX) Market Capitalization (2014 - 2026)
TON Strategy's Market Capitalization came in at $139.63 million for Q1 2026, compared with $5.2 million a year earlier and up 179.4% from the prior quarter.
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Analysis
TON Strategy (TONX) Market Capitalization (2014 - 2026) Analysis & Trends
For FY2025, TON Strategy's Market Capitalization was $49.97 million.
- Market Capitalization carries a five-year compound annual growth rate of -84.0% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $3.87 million in FY2024 (-98.3%), $233.88 million in FY2023 (-99.8%), $127.37 billion in FY2022 (-82.4%) and $723.59 billion in FY2021 (+52.2%).
- The five-year range for quarterly Market Capitalization is $3.87 million (Q4 2024) to $1.08 trillion (Q3 2021).
- Year-over-year, Market Capitalization increased in 1 of the last five quarters, with an average decline of 31.2%.
- The fastest year-over-year change in Market Capitalization over five years came in Q2 2021 (growth of 289.3%), and the weakest in Q4 2023 (a decline of 99.8%).
- Business Quant data shows TONX's Market Capitalization at $49.97 million (Q4 2025), $262.33 million (Q3 2025) and $9.73 million (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn |
| 10 | TON Strategy | 223.30 Mn | 84.39 Mn | 3.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 139.63 Mn |
| Dec 31, 2025 | 49.97 Mn |
| Sep 30, 2025 | 262.33 Mn |
| Jun 30, 2025 | 9.73 Mn |
| Mar 31, 2025 | 5.20 Mn |
| Dec 31, 2024 | 3.87 Mn |
| Sep 30, 2024 | 7.33 Mn |
| Jun 30, 2024 | 3.18 Bn |
| Mar 31, 2024 | 1.65 Bn |
| Dec 31, 2023 | 233.88 Mn |
| Sep 30, 2023 | 758.92 Mn |
| Jun 30, 2023 | 932.59 Mn |
| Mar 31, 2023 | 3.74 Bn |
| Dec 31, 2022 | 127.37 Bn |
| Sep 30, 2022 | 385.79 Bn |
| Jun 30, 2022 | 425.78 Bn |
| Mar 31, 2022 | 625.05 Bn |
| Dec 31, 2021 | 723.59 Bn |
| Sep 30, 2021 | 1,077.81 Bn |
| Jun 30, 2021 | 1,046.25 Bn |
API Access
TON Strategy Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "TONX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();