Dossier
Avalanche Treasury
Coverage of Avalanche Treasury in the Nexus archive.
- Avalanche Treasury stock plunges 73% since debut as company’s AVAX holdings lose value
Avalanche Treasury stock has dropped 73% since its debut, with the company's AVAX holdings losing value. Management raised 'substantial doubt' about the company's ability to continue operations at the end of the first quarter.
- Avalanche Treasury shares fall 38% on Nasdaq debut after $675 million merger
Avalanche Treasury shares fell 38% on their Nasdaq debut following a $675 million merger. The company plans to accelerate the growth of the Avalanche ecosystem and acquire over $1 billion in AVAX over time.
- Avalanche Treasury Co. falls 16% as it debuts on Nasdaq
Avalanche Treasury Co. fell 16% upon its Nasdaq debut. The Avalanche Treasury holds 15 million AVAX tokens, which are trading at a five-year low.