AVAX One acquires 2.4 million shares

TapChiBitcoin
AVAX-4,25%

AVAX One, the fund management company associated with the Avalanche ecosystem, has completed the repurchase of 2.4 million shares under a $40 million buyback program approved by the board of directors in November 2025. The buyback transactions were carried out on the open market, mainly during times when the leadership team believed the stock was undervalued relative to the company’s asset value and growth potential.

CEO Jolie Kahn stated that the company believes the current stock price does not accurately reflect the long-term opportunities of the Avalanche blockchain platform.

Alongside the share buyback program, AVAX One is also accumulating AVAX tokens for a reserve fund and generating profits through staking. The company expects to earn approximately 180,000 AVAX in staking rewards in Q1 2026, worth about $2 million at current market prices.

AVAX One positions itself as an access point for investors looking to engage with the Avalanche ecosystem through token accumulation, on-chain profits, and strategic investment deals.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments