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AVAX

Avalanche Tre
2026-08-26 14:04:43

AVAT reports 15.3 million AVAX holdings and authorizes up to $10 million share buyback

Avalanche Treasury Company (AVAT), a Nasdaq-listed company, said it held about 15.3 million AVAX as of June 30, with a carrying value of roughly $100 million, according to Business Wire. The company reported net staking income of $1.5 million in the second quarter and $3.6 million for the first half of the year. AVAT posted a net loss of $44.7 million for the second quarter. Of that amount, about $35.7 million was tied to fair value changes in its AVAX holdings, realized losses and impairment, while another roughly $15.2 million came from one-time transaction costs related to completing a business combination. At the same time, the company’s board approved a Class A common stock repurchase program of up to $10 million.

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AVAT reports 15.3 million AVAX holdings and authorizes up to $10 million share buyback
Avalanche
2026-08-26 11:48:56

AVAT posts $44.7 million Q2 net loss, approves $10 million share buyback

Avalanche treasury company AVAT reported its financial results for the second quarter of 2026 and said its board has approved a $10 million Class A common stock repurchase program. The company completed its business combination on June 11 and began trading on Nasdaq under the ticker AVAT. AVAT posted a net loss of $44.7 million for the quarter, or $1.54 per share. About $35.7 million of that total, roughly 80% of the net loss, was tied to fair value changes, realized losses, and impairment on its AVAX holdings. The company also recorded about $15.2 million in one-time transaction costs related to the business combination, while core general and administrative expenses came to about $3.5 million. As of June 30, AVAT held about 15.3 million AVAX with a carrying value of roughly $100 million. The company said fee-adjusted quarterly revenue from staking AVAX reached $1.5 million, bringing first-half staking revenue to $3.6 million. AVAT said it plans to continue accumulating and deploying AVAX treasury assets.

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AVAT posts $44.7 million Q2 net loss, approves $10 million share buyback
Avalanche
2026-08-26 11:38:04

AVAT posts $44.7 million Q2 net loss and authorizes $10 million share buyback

Avalanche Treasury Company, the Avalanche-focused digital asset treasury firm trading on Nasdaq under the ticker AVAT, reported its financial results for the second quarter of 2026 and disclosed a $44.7 million net loss, or $1.54 per share. The company said its board has approved a $10 million Class A common stock repurchase program, framing the move as a response to what it sees as an undervaluation of the company and as a way to improve shareholder returns. According to the results, roughly $35.7 million of the quarterly loss was tied to changes in the market value of its AVAX holdings, including fair value adjustments, realized losses, and impairment charges. Another roughly $15.2 million came from one-time transaction costs linked to the completion of its business combination, while core management expenses were about $3.5 million. CEO Bart Smith said the company completed its business combination in the second quarter and began trading on Nasdaq on June 11. As of June 30, 2026, AVAT held about 15.3 million AVAX worth around $100 million at quarter-end prices, and reported $1.5 million in net staking income for the quarter and $3.6 million for the first half of 2026.

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AVAT posts $44.7 million Q2 net loss and authorizes $10 million share buyback
AVAX
2026-08-01 18:18:43

AVAX staking reaches about $205 million as Fuji testnet activates Helicon upgrade

AVAX has about $205 million worth of tokens staked, equal to 43% of its circulating supply, according to Techub. The outlet also said the Helicon upgrade has now been activated on the Fuji testnet. For now, the rollout is limited to Fuji, where the upgrade is being used to identify potential issues before any broader deployment. Techub said the staking ratio offers a view into long-term network participation, while validators and developers can use the testnet phase to watch how the changes perform and prepare for a future mainnet launch.

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AVAX staking reaches about $205 million as Fuji testnet activates Helicon upgrade