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Stock impact report

AlphaTON Capital: Capture the Best of Telegram Economics at a Steep Discount – Initiation Report [Yahoo! Finance]

AlphaTON Capital Corp. (ATON) 
Company Research Source: Yahoo! Finance
Savvy investors should consider a single equity that captures the best of the burgeoning Telegram ecosystem, cryptocurrency at a discount and top-notch AI assets, all wrapped up with a bow. Meet AlphaTON Capital Corp. (NASDAQ: ATON), which is emerging as a differentiated public-market vehicle for exposure to Toncoin (TON) and the Telegram economy. Cutting straight to the chase, ATON trades at $1.06 a share with an $8.1 million market capitalization, yet holds 12.9 million TON on its balance sheet with a $20.1 million NAV (Net Asset Value), implying a 0.40x mNAV (Market-to-Net Asset Value) based on a $1.56 TON price. That discount looks unwarranted. While sector sentiment has dragged ATON shares down recently, there are good reasons to expect the stock's value to compound over time: Treasury accumulation anchors the balance sheet in TON, treasury yield generation converts those holdings into recurring income, and ecosystem developments add an operating layer of Telegram-native asse Show less Read more
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