The post AVAX One Drops $110M on Avalanche Tokens, Holdings Hit 13.8M appeared on BitcoinEthereumNews.com.

TLDR: AVAX One deployed $110M to acquire 9.37M AVAX tokens at an average price of $11.73 per token Company now holds over 13.8M AVAX tokens as part of aggressive treasury accumulation strategy AVAX One maintains $35M in cash reserves for additional token purchases and share buybacks ahead Management views current market volatility as opportune timing to build largest public AVAX treasury AVAX One Technology Ltd. has pushed its token holdings past 13.8 million AVAX after acquiring 9.37 million additional tokens.  The company deployed $110 million between November 5 and November 23 at a weighted average price of $11.73 per token. The move marks another step in the firm’s plan to build a substantial digital asset treasury focused on the Avalanche network. Treasury Expansion Accelerates After Corporate Rebrand AVAX One launched its treasury accumulation strategy earlier this month alongside a corporate rebrand.  The NASDAQ-listed company now positions itself as an institutional infrastructure player building on Avalanche’s blockchain. CEO Jolie Kahn said the rapid accumulation reflects confidence in Avalanche’s capacity to support large-scale financial applications. The company maintains approximately $35 million in cash for additional purchases.  Management views both AVAX tokens and the company’s own stock as attractive at current price levels. AVAX One recently authorized a $40 million share repurchase program and expects to begin buying back stock soon. Chairman Matt Zhang pointed to current market conditions as favorable for accumulation. The company plans to deploy yield strategies on existing holdings while continuing open market purchases.  Zhang emphasized the focus on increasing AVAX per share as a core metric for shareholders. AVAX One Treasury Update: Now Holding 13.8M+ AVAX Between November 5 and 23, 2025, we acquired an additional 9,377,475 AVAX for an aggregate consideration of $110M, reflecting a weighted average purchase price of ~$11.73. This brings our total AVAX holding…

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Filed under: News - @ November 25, 2025 4:28 am