The post AVAX One kickstarts share buyback program with $40 million appeared on BitcoinEthereumNews.com.

AVAX One, a crypto treasury firm for the Avalanche (AVAX) cryptocurrency ecosystem, announced that it had set aside $40 million to purchase shares of its common stock, aiming to increase shareholder value. Ethereum treasury funds, FG Nexus, and ETHZilla have recently followed a similar path by offloading part of their crypto holdings. The ongoing crypto winter has become a significant hurdle for traders, investors, asset managers, and crypto treasury firms. Avalanche-centered digital asset treasury company AVAX One Technology has turned to share buybacks to mitigate plunging crypto stock prices.  The firm announced a $40 million share buyback of its common stock, which was approved by its board of directors. The announcement detailed that the board will continuously review the share buyback program to determine whether to increase the amount or extend the program, depending on market conditions. AVAX One commits to adopting strategies that boost shareholders’ value AVAX One (NASDAQ: AVX) has authorized a $40M share repurchase program, reinforcing our long-term conviction in the platform we’re building and the value we aim to deliver for shareholders. Today’s market presents a compelling opportunity to invest in ourselves. This decision… pic.twitter.com/WJ5t1lsBIw — AVAX One (AVX) (@avax_one) November 20, 2025 Jolie Kahn, Chief Executive Officer of AVAX One, commented on the board’s decision, stating that the share repurchase program reflects the company’s commitment to providing value to shareholders.  He explained that the company is repurchasing its “stock as a compelling use of capital that delivers meaningful returns and underscores the strength of the business.” He also explained that the share buyback program is part of the company’s efforts to direct resources to opportunities with the best potential for creating value.  The executive also hinted at the possibility of additional share repurchases in the future, when conditions deem it necessary. The current repurchase program…

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Filed under: News - @ November 21, 2025 2:28 pm