- AVAX One purchased over 9.3 million AVAX, pushing holdings above 13.8 million tokens during market weakness.
- The treasury still holds $35M in cash for more buying or share buybacks, plus a $40M approved buyback program.
- Company leadership says Avalanche’s speed, infrastructure, and institutional potential make AVAX a long-term strategic asset.
AVAX One has been moving pretty aggressively lately, snapping up another massive chunk of Avalanche while the broader market still looks shaky. The firm just completed a $110 million AVAX purchase, pushing its total holdings past 13.8 million tokens. It’s a bold bet, especially in a market where most people are still hesitating — but the company seems convinced the current volatility is actually handing them bargain entries.
This push comes right after the company’s rebrand, where it reshaped its entire treasury model into something closer to an on-chain value engine tied directly to Avalanche’s long-term growth. Instead of waiting for “better conditions,” AVAX One is leaning into the weakness and calling it the perfect moment to expand its footprint.
AVAX One Still Has $35 Million Ready for More Buying
Between November 5 and November 23, 2025, the company scooped up 9,377,475 AVAX at an average price of around $11.73, making it one of the largest institutional AVAX holders anywhere. And they’re not done yet — the treasury still has over $35 million in cash, ready for more token accumulation or even share buybacks.
The whole idea is to increase AVAX per share and tie shareholder value directly to Avalanche’s ecosystem expansion. It’s pretty clear they’re positioning themselves as a long-term institution inside the chain rather than just another treasury playing the market.
To push things even further, the board has already approved a $40 million share buyback program that’ll kick off in the coming weeks. Leadership says they’re also looking at new capital-raising channels so they can scale purchases even more and cement their role inside Avalanche’s emerging on-chain financial economy.
Why Avalanche? Why Now?
According to the company’s management, Avalanche has the right mix of speed, capacity, and flexibility for institutional-grade finance — the kind Wall Street has been circling for years but hasn’t fully touched yet. They believe AVAX’s ecosystem is built to handle high-volume DeFi flows, enterprise integrations, and real-world asset pipelines, all of which create the steady activity that long-term treasuries love.
It’s a simple thesis: if the ecosystem grows, AVAX becomes more valuable, and the treasury grows right along with it.
Right now, AVAX trades near $13.30, and its next moves will depend heavily on whether institutions keep entering, how much liquidity sticks to Avalanche, and whether the broader crypto market stabilizes or sinks again. But AVAX One clearly isn’t waiting around — they’re betting early and big while prices are still low.
