By Isaac • July 2, 2026 12:01 pm •
Avalanche Treasury Co. stock has fallen 73% since it started trading on the Nasdaq on June 11.
The company runs an AVAX-focused digital asset treasury, meaning its balance sheet is built around holding the Avalanche network’s token.
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That structure is the pitch. It also becomes the pressure point when the market turns against the token and the public wrapper at the same time.
— The Block (@TheBlockCo) July 2, 2026
The July 2 story at The Block put the stock slide at roughly 73% since Avalanche Treasury began trading on the Nasdaq on June 11.
The same coverage connected the market move to questions around the company’s first-quarter financials, where the pre-merger business had
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