TON-Based MicroStrategy AlphaTON Submits $420 Million Shelf Registration Statement to SEC

By: theblockbeats.news|2025/12/05 08:45:58

BlockBeats News, December 5th, AlphaTON Capital Corp, the TON ef="/wiki/article/token-259">token reserve company listed on Nasdaq (stock code ATON), announced on Thursday that it has submitted a shelf registration application to the U.S. Securities and Exchange Commission for $4.2069 billion. The funds will be used to support AlphaTON's expansion into artificial intelligence and high-performance computing infrastructure, aimed at providing computing power to Telegram's Cocoon AI network and driving the company's acquisition strategy for "revenue-generating companies within the Telegram ecosystem."

AlphaTON noted that the company has identified multiple "high-potential acquisition targets," including startups focusing on payments, content distribution, and blockchain services within The Open Network ecosystem. The funds will also be used to build AlphaTON's TON token reserve and reserves for "other related digital assets."

AlphaTON has indicated that it has converted most of its balance sheet assets into Toncoin and staking positions while exploring additional expansion opportunities.

-- Price

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?