Avalanche Treasury posted a net loss of $44.66 million for the quarter ended June 30, 2026.
Staking revenue, net of fees, totaled $1.55 million.
Operating loss widened to $52.88 million, including $15.21 million of business-combination transaction costs.
Digital-asset marks drove results, with a $14.6 million loss from changes in fair value, a $10.02 million realized loss, and $11.1 million of impairment.
Liquidity update: cash of $3.37 million at June 30, with $23 million outstanding under a FalconX collateralized open loan.