Core Insights - AlphaTON Capital Corp has raised a net $44 million in capital and is generating revenue through its AI infrastructure associated with Telegram's Cocoon AI [1][3] - The company is focused on establishing itself as a foundational provider of privacy-preserving artificial intelligence infrastructure [1][3] Financial and Capital Strategy - AlphaTON has executed a disciplined capital strategy to fund infrastructure expansion while maintaining financial flexibility [2] - The company closed a $15 million registered direct offering at $1.00 per share, with proceeds primarily allocated to GPU AI infrastructure scaling and working capital [4] - A $46 million investment in AI infrastructure expansion was initiated, involving the deployment of 576 NVIDIA B300 chips, projected to deliver a 27% IRR and 282% ROI [4] AI Infrastructure and Revenue Generation - AlphaTON has rapidly deployed GPU infrastructure to capitalize on the emerging opportunity in privacy-preserving AI compute [2] - The company began generating revenue from AI inference processing in December 2025 following the launch of the Cocoon AI network [4] Strategic Partnerships and Technology Integration - AlphaTON has established partnerships, including a definitive agreement with Midnight Foundation, to create additional revenue streams and vertically integrate into its Confidential Compute AI Infrastructure [2][4] - The launch of the AlphaTON Claude Connector combines Anthropic's Claude AI with TON blockchain technology, enabling users to manage digital assets through natural-language conversations [4] Management Commentary - The CEO emphasized the transformation from a passive digital asset holder to an active infrastructure operator generating recurring revenue [3] - The management team has demonstrated decisive action and efficient capital deployment, aiming to develop a vertically integrated Telegram ecosystem that combines AI and decentralized blockchain infrastructure [5]