Avalanche Treasury Firm AVAX One Reclaims Nasdaq Compliance After Reverse Stock Split

AVAX One Know-how, a crypto treasury agency that holds Avalanche (AVAX), announced Thursday that it has regained compliance with Nasdaq’s minimal bid value requirement, closing out a list difficulty that had put the corporate beneath scrutiny forward of final month’s reverse inventory cut up.

The West Palm Seashore, Florida-based firm stated Nasdaq confirmed it met Itemizing Rule 5550(a)(2), which requires a inventory’s closing bid value to remain at or above $1.00 per share. Nasdaq discovered that AVAX One’s shares closed above that threshold for 10 consecutive buying and selling days, from June 15 by means of June 29, satisfying the requirement and shutting the matter.

AVAX One carried out a 1-for-12 reverse inventory cut up on June 15 to satisfy the compliance requirement, reducing its provide from over 92.3 million shares to only beneath 7.7 million shares.

“We’re happy to have regained compliance with Nasdaq’s minimal bid value requirement and recognize the belief our shareholders have positioned in us all through this course of,” stated AVAX One Interim CEO Pete Wylie, in a press release. “With this matter now closed, we’re intently centered on executing on our progress and profitability initiatives. We’re transferring forward throughout all fronts.”

Wylie shifted from chief working officer into the function of interim CEO final week following the departure of earlier CEO Jolie Kahn. The board is trying to find a everlasting chief govt to take over the function.

AVAX One stated it’s constructed round three enterprise traces: an Avalanche digital asset treasury, Bitcoin mining, and synthetic intelligence infrastructure. AVAX One holds roughly 14 million AVAX tokens—valued close to $95 million—staked at an approximate 6% internet yield, and runs Bitcoin mining operations in Alberta, Canada, and Ohio that generate money circulation.

The corporate additionally stated it’s exploring AI infrastructure tasks geared toward a distinct segment it calls the “lacking center”—websites within the 5 to 50 megawatt vary meant to serve enterprise inference, edge computing, and controlled industries that bigger hyperscale information facilities aren’t designed to accommodate.

AVAX One is amongst a flood of crypto treasury corporations that popped up in 2025, following the instance of authentic Bitcoin treasury agency, Strategy (beforehand MicroStrategy). Nevertheless, with declining crypto costs since final fall, many of those corporations at the moment are considerably underwater on their investments and/or have market caps valued beneath their crypto holdings.

The Avalanche-focused agency’s market cap sits round $40.5 million, nicely beneath the worth of its crypto property. Avax One (AVX) shares completed the day up about 3.6% at a value of $5.43, down 70% for the reason that begin of the yr.

The Avalanche community’s native AVAX token was lately trading at $6.71, up greater than 4% on the day however down 50% for the reason that begin of 2026 and 95% from its 2021 peak value of almost $145.