TON Strategy (TONX) Shares Outstanding (2013 - 2026)
TON Strategy's Shares Outstanding came in at 58.21 million for Q1 2026, compared with 1.02 million a year earlier and up 131.8% from the prior quarter.
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Analysis
TON Strategy (TONX) Shares Outstanding (2013 - 2026) Analysis & Trends
For FY2025, TON Strategy's Shares Outstanding was 25.11 million.
- Shares Outstanding carries a five-year compound annual growth rate of -7.0% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 592,478 in FY2024 (-91.3%), 6.8 million in FY2023 (-93.0%), 97.08 million in FY2022 (+53.3%) and 63.32 million in FY2021 (+75.8%).
- The Q1 2026 figure represents the highest quarterly Shares Outstanding since Q2 2024.
- The fastest year-over-year change in Shares Outstanding over five years came in Q1 2024 (growth of 770.5%), and the weakest in Q2 2025 (a decline of 98.7%).
- Business Quant data shows TONX's Shares Outstanding at 25.11 million (Q4 2025), 37.26 million (Q3 2025) and 1.38 million (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | 263.41 Mn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 877.00 Mn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 597.83 Mn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 316.12 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 65.54 Mn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 532.60 Mn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 269.92 Mn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | 551.79 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 84.19 Mn |
| 10 | TON Strategy | 213.69 Mn | 74.78 Mn | 3.96 Mn | 58.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 58.21 Mn |
| Dec 31, 2025 | 25.11 Mn |
| Sep 30, 2025 | 37.26 Mn |
| Jun 30, 2025 | 1.38 Mn |
| Mar 31, 2025 | 1.02 Mn |
| Dec 31, 2024 | 592,478.00 |
| Sep 30, 2024 | 710,106.00 |
| Jun 30, 2024 | 107.25 Mn |
| Mar 31, 2024 | 31.14 Mn |
| Dec 31, 2023 | 6.80 Mn |
| Sep 30, 2023 | 5.42 Mn |
| Jun 30, 2023 | 4.02 Mn |
| Mar 31, 2023 | 3.58 Mn |
| Dec 31, 2022 | 97.08 Mn |
| Sep 30, 2022 | 102.11 Mn |
| Jun 30, 2022 | 96.95 Mn |
| Mar 31, 2022 | 76.46 Mn |
| Dec 31, 2021 | 63.32 Mn |
| Sep 30, 2021 | 66.76 Mn |
| Jun 30, 2021 | 63.15 Mn |
API Access
TON Strategy Shares Outstanding 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=shares-outstanding&ticker=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();