Alliancebernstein Holding's 15min chart shows KDJ Death Cross, Bearish Marubozu pattern.

Wednesday, Oct 8, 2025 1:48 pm ET1min read
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Alliancebernstein Holding's 15-minute chart has triggered a KDJ Death Cross and a Bearish Marubozu signal at 10:45 AM on October 8th, 2025. This indicates a shift in the momentum of the stock price towards a downtrend, with a potential for further decline. Sellers are currently in control of the market, and the bearish momentum is likely to persist.

Avalanche Treasury Co., a newly formed treasury company focused on institutional exposure to Avalanche (AVAX) cryptocurrency, has announced a definitive business combination agreement with Mountain Lake Acquisition Corp. (Nasdaq: MLAC). The transaction, valued at over $675 million, includes approximately $460 million in treasury assets and is expected to result in a Nasdaq listing for the combined company in Q1 2026 Avalanche Treasury Co. Coming With Foundation Support via $675 Million SPAC Deal[1].

The company, supported by the Avalanche Foundation, aims to accumulate over $1 billion worth of AVAX following its IPO. It will debut with an initial $200 million AVAX token purchase at a discounted price, plus an 18-month priority on Avalanche Foundation token sales to U.S. treasury firms. Avalanche Treasury Co. will offer investors entry at 0.77x net asset value—a 23% discount compared to direct AVAX purchases or passive ETF alternatives Avalanche Treasury Co. Coming With Foundation Support via $675 Million SPAC Deal[1].

The company's strategy centers on three pillars: targeted protocol investments to drive adoption, partnership activation with enterprises building blockchain infrastructure for real-world assets and payments, and direct support for institutional Avalanche L1 network launches. The firm’s leadership includes CEO Bart Smith, a Wall Street veteran from Susquehanna International Group and AllianceBernstein, alongside COO Laine Litman and Chief Strategy Officer Budd White. Ava Labs founder Emin Gün Sirer will serve as strategic advisor, while Chief Business Officer John Nahas is joining the board Avalanche Treasury Co. Coming With Foundation Support via $675 Million SPAC Deal[1].

The transaction has attracted investors including Dragonfly, ParaFi Capital, VanEck, Galaxy Digital, Pantera Capital, and Kraken, among others. Bitcoin miner AgriFORCE announced a pivot towards Avalanche with plans to raise approximately $550 million to start stockpiling AVAX. The firm’s stock spiked 200% soon after the announcement but has since shed much of those gains, with the stock showing a 48% gain over the past month Avalanche Treasury Co. Coming With Foundation Support via $675 Million SPAC Deal[1].

In other news, AllianceBernstein Holding's 15-minute chart has triggered a KDJ Death Cross and a Bearish Marubozu signal at 10:45 AM on October 8th, 2025, indicating a shift in the momentum of the stock price towards a downtrend. Sellers are currently in control of the market, and the bearish momentum is likely to persist .

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