AlphaTON Capital plans to acquire Telegram bonds for treasury

AlphaTON Capital Corp. (NASDAQ: ATON) announced plans to acquire Telegram bonds for its corporate treasury, according to a company press release. The digital asset technology company stated it has active bids in bond markets and private markets for the investment.

The company said the bonds would provide a 9% annual yield and direct exposure to Telegram's revenue base. AlphaTON plans to use cash and equity for the acquisition consideration.

According to the press release, Telegram reported approximately $2 billion in annual revenues with an additional $1 billion generated through its mini-app ecosystem, projecting $3 billion in total revenues for 2025.

"As a Telegram-focused technology company, having direct exposure to Telegram itself through these bonds represents a natural evolution of our treasury strategy," said Brittany Kaiser, CEO of AlphaTON Capital.

The company stated that Telegram has over one billion monthly active users and generates revenue through premium subscriptions and its mini-app platform. The bonds will be held as strategic treasury assets alongside AlphaTON's existing digital asset holdings.

AlphaTON Capital focuses on the Telegram and TON ecosystem, managing TON tokens and making strategic investments in related infrastructure and applications. The company also has announced plans for investments in GPU networks and mini-applications spanning gaming, decentralized finance, and social commerce.

The British Virgin Islands-incorporated company trades on Nasdaq under the ticker symbol ATON and maintains operations in network validation, Telegram-based application development, and strategic investments in TON-based protocols.

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