TON Strategy shares outstanding TONX
Diluted shares outstanding, averaged over each quarter, from 2014.
- Latest quarter, to Jun 30, 2026
- 58.7M
- On a year earlier
- +4160.6%
- more shares
TON Strategy had 58.7M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 4160.6% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 60M | +6134% |
| FY2024 | 962.5K | +1374% |
| FY2023 | 65.3K | −98% |
| FY2022 | 2.8M | +58% |
| FY2021 | 1.8M | +52% |
| FY2020 | 1.2M | +99% |
| FY2019 | 589.8K | +130% |
| FY2018 | 256.2K | +31% |
| FY2017 | 195.6K | +14% |
| FY2016 | 172.3K | +54% |
| FY2015 | 112.1K | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 58.7M | +4161% | |
| Q1 FY26 | 58.2M | +5608% | |
| Q4 FY25 | 60M | +6134% | |
| Q3 FY25 | 37.3M | +5155% | |
| Q2 FY25 | 1.4M | +157% | |
| Q1 FY25 | 1M | +555% | |
| Q4 FY24 | 962.5K | +1374% | |
| Q3 FY24 | 710.1K | +2520% | |
| Q2 FY24 | 536.3K | −87% | |
| Q1 FY24 | 155.7K | −96% | |
| Q4 FY23 | 65.3K | −98% | |
| Q3 FY23 | 27.1K | −99% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on TON Strategy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.