Alpha Compute Corp · NASDAQ:ALP
Alpha Compute — AlphaTON Capital — Investor Presentation (December 2025)
23 slides from Alpha Compute's investor presentation, December 2025
Slide 1: Investor Presentation December 2025
Investor Presentation December 2025 1
Slide 2: Table of Contents
Table of Contents 1. Company Profile: Mission & Strategy, Key Developments – Slide 3 2. Key Investment Highlights – Slide 7 3. Telegram Ecosystem – Slide 11 4. Executive Leadership Team– Slide 16 5. Appendix – Slide 19 2
Slide 3: Company Profile: Mission & Strategy, Key Developments
AlphaTON Capital Company Profile: Mission & Strategy, Key Developments 3
Slide 4: Core Mission & Strategy
Core Mission & Strategy 1. AlphaTON Capital (NASDAQ:ATON) offers institutional investors liquid, compliant exposure to TON and Telegram-based Web3 innovation, positioning itself as the public gateway to the Telegram economy. 2. Focus on building and owning the core, revenue-generating infrastructure
Slide 5: Building Momentum: Key Developments
Building Momentum: Key Developments September 25, 2025 October 1, 2025 October 29, 2025 ATON closed $71M financing: ATON proposed the strategic ATON announces intent for Strategic $36M equity and $35M loan acquisition of a majority stake in top Investment in GPU Infrastructure to facility - and purc
Slide 6: Strategic Roadmap: Scaleable Ecosystem Growth
Strategic Roadmap: Scaleable Ecosystem Growth GAMEE Acquisition Dual M&A Treasury Growth Cross-Platform Strategic Vertical Completion: Expansion: Targets: Monetization: Integration: Close majority Complete 2+ strategic Achieve 30-50% YoY Launch multi-platform From data center acquisition of acquisit
Slide 7: Key Investment Highlights
AlphaTON Capital Key Investment Highlights 7
Slide 8: AlphaTON Capital Key Investment Highlights
AlphaTON Capital Key Investment Highlights Pure-Play Telegram Ecosystem Exposure • Only U.S.-listed public vehicle offering regulated access to Telegram's 1B+ user economy • Active vertically integrated ecosystem infrastructure ownership, from hardware to middleware to software • Provides liquid, co
Slide 9: Leading Public Pure-Play on the Telegram Ecosystem
Leading Public Pure-Play on the Telegram Ecosystem AlphaTON Capital is the Only U.S Listed Gateway to Telegram’s Economy Telegram as a company is private and inaccessible. Telegram nor it’s Cocoon AI sell equity investment to these high-growth businesses. Institutional-Grade Telegram Exposure Differ
Slide 10: AlphaTON Vertical Integrates Telegram Ecosystem
AlphaTON Vertical Integrates Telegram Ecosystem Gaming Finance Media Business Health Telegram Leveraged Distribution Largest social media platform and “everything app” in the world with over 1 billion users Telegram Focused Applications Buy, Build and Partner with top Telegram Applications and Mini-
Slide 11: Strategic M&A: Driving Revenue and Telegram Ecosystem Growth
Strategic M&A: Driving Revenue and Telegram Ecosystem Growth Repeatable Roll-Up Model • Establishes a scalable M&A framework for Telegram-native assets across gaming, DeFi & payments. • Leverages treasury strength and equity premium to fund acquisitions efficiently. • Focused on cash-flow-accretive
Slide 12: Activity Treasury Compounding Model
Activity Treasury Compounding Model Four Levers Driving Exponential Per-Share Token Growth On-Chain Staking Yield (3-5% APY): Alpha TON stakes 100% of its non-operating treasury to earn TON rewards, reinvesting returns to grow token holdings without equity dilution. Volatility Monetization: Options
Slide 13: Telegram Ecosystem
AlphaTON Capital Telegram Ecosystem 13
Slide 14: Investors in the Telegram and TON Ecosystem
Investors in the Telegram and TON Ecosystem Key Investors in the Telegram and TON Telegram is the company behind one of the Ecosystem most widely used social networks in the world, with Telegram Messenger having surpassed 1 billion monthly active users in early 2025. ● TON is the exclusive blockchai
Slide 15: The Telegram Ecosystem Flywheel - A Virtuous Growth Cycle
The Telegram Ecosystem Flywheel - A Virtuous Growth Cycle More Mini Apps & Massive User Base Services enhance the attracts Developers user experience and to build Mini Apps. create new use cases for $TON. A more valuable and Increased utility and vibrant ecosystem transaction volume attracts more Us
Slide 16: Telegram Usage is Growing at an Unprecedented Rate
Telegram Usage is Growing at an Unprecedented Rate Total Monthly Active Users of Telegram Daily Users Monthly Active x2 Users in 4 years 1.5B ~46% MAU since Q1 2021 Almost Half of monthly users open the app daily 1B Retention Rate ~60% 20M 6 months retention by unique phone numbers Q1 2025 2013 2025
Slide 17: TON Presents a Significant Opportunity for Expansion and Growth
TON Presents a Significant Opportunity for Expansion and Growth ~88x TON’s Market Cap 495.8B ~19x TON’s Market Cap 108.7B $5.6B Source: Data CoinmarketCap as of 10/27/2025. 17
Slide 18: Telegram is Positioned to Challenge the Legacy Platform Giants
Telegram is Positioned to Challenging the Legacy Platform Giants Telegram is not competing with other messaging apps or blockchains, but the entire model of centralized digital platforms. ● Legacy Social (X, Meta): Lack a native Platform Openness payment/economic layer and an open development platfo
Slide 19: Executive Leadership Team
AlphaTON Capital Executive Leadership Team 19
Slide 20: Seasoned Leadership Team to Provide Operational Expertise
Seasoned Leadership Team to Provide Operational Expertise Management Team Board Members & Advisors Brittany Kaiser - CEO, Board Member Brittany Kaiser is a globally recognized expert at the intersection of digital assets, public policy, and capital markets. She has taken three of her companies publi
Slide 21: Safe Harbor & Forward-Looking Statements
Safe Harbor & Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding our business strateg
Slide 22: Appendix
AlphaTON Capital Appendix 22
Slide 23: Partnered With Top Strategic Organizations & Investors
Partnered With Top Strategic Organizations & Investors 23
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