Recent Updates — AVAT
On September 23, 2026, Avalanche Treasury Corporation sold 2,082,371.607744 AVAX tokens to the Foundation for aggregate gross proceeds of $15,000,000. The transaction reduced the company's weighted average duration of locked AVAX tokens to approximately 16.5 months. Proceeds will be used to reduce debt and for general corporate purposes. Avalanche Treasury Corporation operates in the cryptocurrency treasury management industry.
Avalanche Treasury Corporation reported a net loss of $44.7 million, or $1.54 per share, for the quarter ended June 30, 2026. Approximately $35.7 million of losses were attributable to market-driven declines in AVAX holdings, while $15.2 million represented one-time transaction costs from its business combination completed on June 11, 2026. Core general and administrative expenses totaled approximately $3.5 million, and the company generated $1.5 million in net staking revenue. The Board approved a $10 million share repurchase program for Class A stock. Avalanche Treasury Corporation is a publicly traded digital asset treasury company focused on accumulating AVAX and providing exposure to the Avalanche blockchain ecosystem.