[TON-Based MicroStrategy AlphaTON Submits $420 Million Shelf Registration to U.S. SEC] BlockBeats News, December 5: AlphaTON Capital Corp (stock ticker: ATON), a TON token reserve company listed on Nasdaq, announced on Thursday that it has submitted a $420.69 million shelf registration application to the U.S. Securities and Exchange Commission. The funds will be used to support AlphaTON's expansion into artificial intelligence and high-performance computing infrastructure, aiming to provide computational power for Telegram's Cocoon AI network and to advance the company's acquisition strategy targeting 'revenue-generating companies within the Telegram ecosystem.' AlphaTON noted that the company has identified several 'high-potential acquisition targets,' including startups focused on payments, content distribution, and blockchain services within The Open Network ecosystem. The funds will also be used to build AlphaTON's TON token reserves and reserves of 'other related digital assets.' AlphaTON stated that it has converted most of its balance sheet assets into Toncoin and staked positions, while also exploring additional expansion opportunities.