Blockchain Report on Nostr: AVAT reports Q2 net loss of $44.7M, primarily due to $35.7M impact from AVAX ...
AVAT reports Q2 net loss of $44.7M, primarily due to $35.7M impact from AVAX holdings. As of June 30, 2026, AVAT held ~15.3M AVAX tokens (~$100M book value). Q2 staking income was $1.5M. The loss was also affected by ~$15.2M in merger-related transaction costs. Board approves $10M share repurchase program.
#crypto #blockchain #news
Published at
2026-08-26 12:04:33 UTCEvent JSON
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"id": "f08dfccc380186ca7075743f778908159e8072c9d9521076063d70ae694a4502",
"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1787745873,
"kind": 1,
"tags": [],
"content": "AVAT reports Q2 net loss of $44.7M, primarily due to $35.7M impact from AVAX holdings. As of June 30, 2026, AVAT held ~15.3M AVAX tokens (~$100M book value). Q2 staking income was $1.5M. The loss was also affected by ~$15.2M in merger-related transaction costs. Board approves $10M share repurchase program.\n\n#crypto #blockchain #news ",
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}
