Avalanche Treasury Co. to Build $1 Billion AVAX Treasury via New Merger

Avalanche Treasury Co. (AVAT) is set to merge with Mountain Lake Acquisition Corp. in a $675 million deal. The company aims to create the largest public vehicle for institutional AVAX AVAX - $19.426 exposure with a $1 billion treasury. AVAT Strikes $675 Million Merger With Mountain Lake Acquisition Corp. Avalanche Treasury Co.

Source: news.bitcoin.com

Related symbols: AVAXUSD

2025-10-03 05:37:02 GMT.

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Price & Market Data

Price: $19.426

Volume 24h: $653,787,661.68

Market Cap: $8,286,158,511.08

Description

Avalanche (AVAX) is a cryptocurrency launched in 2020. Avalanche has a current supply of 459,895,850.89118195 with 426,559,950.89118195 in circulation. The last known price of Avalanche is 19.5596819 USD and is up 0.03 over the last 24 hours. It is currently trading on 996 active market(s) with $653,925,804.44 traded over the last 24 hours. More information can be found at https://avax.network/.