AVAX One Repurchases 2.4M Shares, CEO Says Stock Trading Below Fair Value
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TLDR AVAX One Technology completed a repurchase of 2,423,383 shares as part of its $40 million buyback initiative Stock currently valued at $0.76 per share, representing a 95% decline from its 52-week peak of $22.50; buyback program approved November 2025 Company CEO Jolie Kahn believes current share price significantly undervalues the firm’s net asset holdings AVAX One functions as a publicly accessible Avalanche blockchain treasury vehicle, concentrating on AVAX token acquisition and yield generation Firm simultaneously deployed its inaugural public validator node within the Avalanche ecosystem AVAX One Technology Ltd. has completed a significant share repurchase transaction, acquiring more than 2.4 million of its outstanding shares based on management’s conviction that the market is significantly undervaluing the company. Avax One Technology Ltd, AVX The Florida-based firm, headquartered in West Palm Beach, executed the transaction under a $40 million share repurchase authorization initially greenlit in November 2025. Shares are presently trading at $0.76, marking a dramatic 95% plunge from the 52-week peak of $22.50. According to CEO Jolie Kahn, the company strategically acquired shares when market pricing fell beneath the firm’s calculated net asset value. “We believe our shares remain materially undervalued relative to the strength of our operating platform and the long-term opportunity ahead for the Avalanche blockchain,” she stated. Kahn characterized the share acquisitions as “opportunistic,” indicating management capitalized on perceived pricing inefficiencies between market valuation and intrinsic worth. AVAX One operates as a publicly accessible investment vehicle centered on the Avalanche blockchain ecosystem. The company positions itself as the inaugural publicly traded treasury dedicated to Avalanche. Its core business model involves accumulating and maintaining positions in the Avalanche native token, AVAX, while simultaneously generating returns through various yield strategies. Management’s primary objective centers on expanding AVAX holdings on a per-share basis. How the Buyback Works The entire repurchase…
Filed under: News - @ March 7, 2026 8:21 am