en.Wedoany.com Reported - July 10, 2026, Road Town, Tortola, British Virgin Islands – Alpha Compute Corp. (NASDAQ: ALP, "Alpha Compute") announced today that it has initiated the return of the final batch of locked-up and circulating Toncoin (TON, now known as GRAM) to Animoca Brands affiliates Brisk Thrive and Hogarth Ventures.

The returned TON (GRAM) is valued at approximately $6 million, eliminating liabilities associated with TON put options, completing the orderly exit of the company's legacy Telegram-focused Digital Asset Treasury (DAT), and formally closing this business line. Following this step, Alpha Compute no longer holds digital assets as treasury positions on its balance sheet.

From this point forward, the company will only hold Telegram GRAM tokens as consideration earned for providing AI confidential computing services to Telegram's Cocoon AI network—directly linking any token exposure to executed contract work rather than speculative investment themes.

This move completes the company's transformation from the treasury model of its predecessor, AlphaTON Capital Corp., to an operating company centered on sovereign AI computing infrastructure.

The Digital Asset Treasury was a structural feature of the company in its former identity as AlphaTON Capital Corp., where holding Telegram ecosystem tokens on the balance sheet was central to the business model. Following the name change to Alpha Compute Corp. on April 20, 2026, and a full strategic pivot to GPU-as-a-Service and confidential computing, the DAT became the last remnant of that capital vehicle structure.

Following this transaction, the company will hold only a small amount of TON valued at $200,000, which will be returned to the last remaining legacy shareholders via Telegram's Novation protocol.

This change is more than cosmetic. Under the treasury model, the value of digital assets held by the company fluctuated independently of operational performance, introducing mark-to-market volatility unrelated to the underlying computing business. By exiting this position, Alpha Compute removes speculative token exposure from its balance sheet, aligning its financial profile with the business its shareholders support: a revenue-generating AI infrastructure company.

Alpha Compute's estimated post-DAT exit balance sheet and projected revenue (unaudited) are as follows: assets of $73.4 million, equity of $20.5 million, debt of $0.4 million, GPU lease liabilities of $34.4 million, projected revenue run rate of $23 million over the next twelve months, and 72 million shares outstanding.

Looking ahead, the only Telegram ecosystem tokens Alpha Compute will hold are GRAM received as payment for providing computing services on the Cocoon network. GRAM will serve as consideration for services rendered—earned, contracted, and tied to delivered compute power—rather than discretionary assets held for appreciation.

"When we were AlphaTON Capital, the Digital Asset Treasury suited the company's positioning. Alpha Compute is a different company with a different mission. Our shareholders support an operating computing business, and our balance sheet should accurately reflect that—no more, no less. Returning our final TON ends the treasury era. From now on, the only Telegram tokens we hold are GRAM we earn by providing computing services: consideration for work done." — Enzo Villani, Executive Chairman and Chief Investment Officer, Alpha Compute Corp.

This exit reflects a change in how Alpha Compute participates in the Telegram economy, not whether it participates. The company remains a steadfast infrastructure provider for Telegram's Cocoon AI confidential computing network, which has been opened to Telegram's over one billion users, and continues to provide Trusted Execution Environment (TEE)-protected inference services to that network through its Shroud confidential computing product.

Alpha Compute's confidence in the long-term opportunity remains unchanged: confidential, hardware-enforced AI computing—where user data remains private even from infrastructure operators—is the foundation for bringing trusted AI to consumer scale. As Cocoon rolls out gradually, Alpha Compute intends to continue serving the network as both a Web3 computing client and provider, compensated in its ecosystem-native token for the compute power delivered.

"Our conviction in Telegram and confidential computing has never been stronger. Cocoon brings AI running in hardware-secure Trusted Execution Environments to over one billion people, with user data private by design. Exiting the treasury changes how we participate in the Telegram economy; it does not change our participation. We remain Cocoon's dedicated Web3 computing provider and will continue to supply the confidential infrastructure that network depends on." — Brittany Kaiser, Chief Executive Officer, Alpha Compute Corp.

This decision aligns with the operational thesis outlined in the Black Paper published at alphacompute.ai, which argues that digital sovereignty is the defining infrastructure challenge of this century. Alpha Compute's mission is to build the hardware, firmware, and network layers that encode data ownership as an architectural guarantee—and to operate a business whose balance sheet is as disciplined and transparent as the infrastructure it runs.

Alpha Compute Corp. (NASDAQ: ALP) is a high-performance GPU infrastructure and confidential computing technology company serving the artificial intelligence economy. Alpha Compute operates as a holding company centered on sovereign AI computing. By owning the infrastructure that underpins modern intelligence, the company ensures privacy protection is enforced at the hardware level. Its mission is to support clients, subsidiaries, and partners in critical sectors such as finance, defense, intelligence, and media, providing them with the necessary framework. The company is incorporated in the British Virgin Islands and has offices in New York, Los Angeles, Miami, Amsterdam, and Toronto.