GNW · 2026-11-10 21:31 UTC

AVAX One Announces Elimination of All Convertible Debt and Additional Share Repurchases

AVAX One eliminated its remaining convertible debt of about $970,000, bringing the balance to zero after more than $14.9 million of debt was eliminated in Q3 2026. In October 2026 the company repurchased 710,000 shares at an average of $5.46, bringing cumulative repurchases since November 2025 to 1,496,761 shares. About $30.4 million remains under the company's $40 million share repurchase program; the company describes its strategy as an Avalanche digital asset treasury, bitcoin mining and modular data centers.

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