Avalanche Treasury Reports $44.7M Loss Amid Market Volatility
Avalanche Treasury Company reported a net loss of $44.7 million for the second quarter, citing market losses on its AVAX holdings as the primary reason.
The company's board approved a $10 million repurchase of Class A stock to address what they called a 'market disconnect.'
AVAT held about 15.3 million AVAX at quarter end, carried at roughly $100 million in value. Staking earned $1.5 million net of fees in the quarter and $3.6 million across the first half of 2026.