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Avalanche Treasury Company Repurchases 2.89 Million Class A Shares at $1.14 Average

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Key takeaways

  • Avalanche Treasury Company repurchased 2,889,440 Class A shares for approximately $3.3 million at an average of $1.14 per share.
  • The buyback removed about 8% of Class A shares outstanding, and the company said shares traded at a discount to the value of its AVAX holdings.
  • Avalanche Treasury held 13.31 million AVAX at September 30, with about 91% staked, and full third-quarter results are expected in November 2026.

Avalanche Treasury Company repurchased 2,889,440 Class A shares for approximately $3.3 million at an average of $1.14 per share, about 8% of shares outstanding, TradingView reported on November 5, 2026. Avalanche Treasury Company is a Nasdaq-listed treasury company, trading under the ticker AVAT, that holds AVAX, the token of the Avalanche network, and stakes part of that holding.

How the Avalanche Treasury Buyback Was Priced

The company said shares traded at a discount to the value of its AVAX holdings, and it did not disclose the size of that discount. The release gives no prior-period comparison for the repurchase. Avalanche Treasury held 13.31 million AVAX at September 30, 2026, and about 91% of that holding was staked in September. The release does not disclose the staking yield. Staking activity increased after regulatory and liquidity constraints were resolved, according to the release. The third-quarter figures the company published are preliminary and unaudited, and the release gives no financial figures for the quarter.

Earlier Losses and a $10 Million Program

Avalanche Treasury Company reported a second-quarter 2026 net loss of $44.7 million, or $1.54 per share, for the period ended June 30, 2026, with about $35.7 million in market-driven losses on its AVAX holdings and $15.2 million in one-time transaction costs, Stock Titan reported on August 26, 2026. On the same date, CryptoSlate reported that the company approved a $10 million Class A share-repurchase program after that loss, with about $35.7 million tied to AVAX fair-value changes, realized losses and impairments. AInvest reported on September 20, 2026, that the company posted diluted EPS of -$10.64 and an operating margin of -7,407% as of September 2026, with a current ratio of 31.71 and debt-to-equity of 27.46%.

Buybacks Elsewhere in November

DEFAMA Deutsche Fachmarkt AG's board decided on a voluntary public buyback of up to 100,000 shares, about 2.1% of capital, at €18 per share, with the offer running from November 12 to 27, 2026, FinanzNachrichten.de reported on November 5, 2026. PT Steel Pipe Industry of Indonesia announced a planned IDR 150 billion buyback of about 250 million shares, 3.48% of issued shares, capped at IDR 600 per share, The future of trading reported the same day. Dajin Heavy Industry announced a plan to repurchase up to 10% of its H shares, Moomoo reported on November 5, 2026.

When Full Third-Quarter Results Arrive

Avalanche Treasury Company said its full third-quarter 2026 results are expected in November 2026. The preliminary figures it released remain subject to completion and change.

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Sources

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