EconomyAvalanche Treasury doubles down on shareholder-value strategy after $44 million loss
Avalanche Treasury Corp approved a $10 million Class A share-repurchase program after reporting a $44.7 million second-quarter net loss, with roughly $35.7 million tied to AVAX-related items. Management called the buyback one tool for creating shareholder value. The company held 15.3 million AVAX at June 30, while Nasdaq closed one compliance matter but left a bid-price issue unresolved.
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CryptoSlate★★☆☆☆2026-08-26 23:30Original
Avalanche Treasury doubles down on shareholder-value strategy after $44 million loss
Economy