24 /100
LOW RISK
Score updated May 30, 2026

TONX — TON Strategy Co Dilution Risk Tracker

Track TONX dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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📊 Score Breakdown

📋 Offering Ability
40
💰 Cash Runway
10
📊 Float Risk
40
⚠️ Warrant Exposure
15
🔄Convertible Debt

🌦️ Dilution Forecast

☀️
Clear
No significant dilution signals
0%
No significant dilution signals detected for TONX.
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💹 Market Data

Market Cap$224.99M
Shares Outstanding56.53M
Float32.33M
Cash$39.91M
Debt$6.82M
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↓ 9.6% shares (2025Q4 vs prior)
54 institutional holders · 15.97M shares
#1 ARISTEIA CAPITAL, L.L.C. 4.85M shares
#2 Ribbit Management Company, LLC 1.58M shares
#3 Polar Asset Management Partners Inc. 992.3K shares
+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest2.52M
Days to Cover3.5
% of Float7.8%
FINRA data as of May 15, 2026

📁 Recent SEC Activity

xbrl XBRL CONVERTIBLE Dec 31, 2023
xbrl XBRL WARRANT Jan 24, 2023
Full SEC filing analysis available with free account

📰 Recent News

No recent news
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🔬 More Research for TONX
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