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Avalanche (AVAX) is experiencing a significant surge in market interest, driven by a series of strategic treasury initiatives totaling over $1 billion. These plans aim to reshape AVAX's role in multi-chain finance, similar to the impact seen with Ethereum (ETH) and Solana (SOL) Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1].

AgriFORCE, rebranding to "AVAX One," plans to accumulate approximately $700 million in AVAX, while Avalanche Treasury Co. (AVAT) has announced a $675 million SPAC deal, aiming to surpass $1 billion in AVAX after listing Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1]. Both initiatives will be listed on Nasdaq, with AgriFORCE's listing already in place and AVAT joining in early 2026.

The market reaction to these announcements was mixed. On September 22, AVAX initially slipped to $29.41 before reversing to close at $33.49, up about 14% on the day Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1]. This movement extended to $36.16 in the first hours of September 23, its first print above $36 since January 31. The token's performance contrasted with a broader $30 billion drawdown in the altcoin market cap, suggesting the announcement supported AVAX's performance.

AgriFORCE's stock (AGRI) spiked more than 200% intraday on September 22, though it corrected 35% since and traded at $3.74 as of press time. The October 1 AVAT announcement saw a milder 2.4% gain, which followed the altcoin complex adding roughly $140 billion in market cap Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1].

These treasury initiatives mirror the broader 2025 rise of public market digital asset treasury (DAT) companies, which first gained traction buying altcoins like Ethereum and Solana Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1]. For instance, sports betting tech firm SharpLink announced plans to raise approximately $425 million and convert the proceeds into ETH under an advisory tie-up with Consensys co-founder Joseph Lubin in late May Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1].

AVAT is pitching a more integrated model than a simple "buy and hold," offering an 18-month priority window for Avalanche Foundation sales to US Treasury firms and a mandate to deploy capital into Avalanche's rails Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1]. This includes protocol investments, enterprise partnerships, stablecoins, and validator support for institutional layer-1 launches.

For retail investors, these structures open two potential channels. The first is secondary shares of the treasury companies themselves, offering access at an implied discount to their underlying token baskets. The second channel is indirect, as DATs concentrate capital in AVAX, potentially amplifying price discovery and improving liquidity across spot and derivatives venues Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1].

The implications of these treasuries extend beyond the headline price. A billion-dollar balance sheet buyer can legitimize AVAX alongside ETH and SOL in institutional policy frameworks, broaden the universe of allocators beyond crypto-native funds, and speed the emergence of AVAX-linked structured products Avalanche treasuries line up $1 billion to make AVAX part aof the multi-chain finance^[1].