Wu Blockchain reports that Nasdaq-listed company Avalanche Treasury Company (AVAT) disclosed holding approximately 15.3 million AVAX as of June 30, with a book value of around $100 million. Net staking income for Q2 was $1.5 million, bringing the total for the first half of the year to $3.6 million. The company reported a net loss of $44.7 million for Q2, of which approximately $35.7 million was due to changes in the fair value of AVAX holdings, realized losses, and impairments. An additional $15.2 million was attributed to one-time transaction costs related to completing a business merger. The company’s board also approved a Class A common stock buyback plan of up to $10 million. https://(wublock123.com)/news/avalanche-treasury-q2-net-loss-44-7m-avax-holdings-35-7m-67242