The company confirmed it has established a Rule 10b5-1 trading plan to manage these buybacks over the coming two months. This action draws from an existing $250 million authorization previously approved by the board. By executing these trades under a formal plan, the firm aims to maintain its treasury operations while simultaneously reducing its outstanding share count.

Chief Executive Officer Kevin Wilson cited a firm belief in the long-term potential of the TON ecosystem and its native Gram asset as the primary driver for the decision. He noted that the repurchase program provides a mechanism to support the stock price without hindering the company's broader objective of expanding its digital asset holdings.