Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Anthony Scaramucci-linked AVAX One tumbles 3
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Anthony Scaramucci-linked AVAX One tumbles 3
Anthony Scaramucci-linked AVAX One tumbles 32% on uncertainty around shareholder sales
6 min read
Anthony Scaramucci-linked AVAX One tumbles 32% on uncertainty around shareholder sales
The firm, which holds AVAX tokens and related Avalanche ecosystem assets, registered roughly 74 million shares held by insiders.
By Helene Braun|Edited by Stephen Alpher
Jan 27, 2026, 3:59 p.m.
Make us preferred on Google
What to know:
- Shares of AVAX One, a digital asset treasury firm advised by Anthony Scaramucci, fell more than 30% after the company filed to register up to nearly 74 million shares held by insiders as available for sale.
- The registration, which enables early investors to resell previously restricted stock, stoked fears of dilution.
- AVAX One's move reflects broader pressures on crypto-native public firms whose stocks trade at steep discounts to the value of their token holdings, though it remains unclear if or when the registered shares will be sold.
AVAX One, the digital asset treasury firm advised by SkyBridge Capital founder Anthony Scaramucci, saw its shares tumble more than 32% after it registered nearly 74 million shares held by insiders as available for sale.
The company, which holds AVAX tokens and related Avalanche ecosystem assets, made the disclosure late on Tuesday. While the filing did not specify when, or even whether, the shares would be sold, registering them with the SEC paves the way for resale on the public market.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
The steep market reaction highlights investor concerns about dilution. By registering shares for resale, companies often signal that a block of previously restricted stock may soon hit the open market. That can push prices down, especially in illiquid or thinly traded stocks.
AVAX One had recently announced a plan to buy back up to $40 million of its own shares — a move aimed at boosting shares should the net asset value of its holdings fall below the company's market cap.
Buybacks have become an increasingly common tool among crypto-native public firms. AVAX One’s strategy mirrors that of other digital asset treasuries like BitMine and KindlyMD, which have faced similar pressures as their stock prices lag far behind the net asset values of their token holdings.
Anthony ScaramucciAvalanche
More For You
Pudgy Penguins: A New Blueprint for Tokenized Culture
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
View Full Report
More For You
HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange
Silver futures on the crypto derivatives exchange are currently showing $1.25 billion in volume and $155 million in open interest.
What to know:
- HYPE, the native token of the Hyperliquid derivatives exchange, jumped 24% in 24 hours as trading in silver, gold and other commodities surged.
- Silver perpetual futures on Hyperliquid became the platform’s third most active market during Asia hours.
- Because trading fees from user-created markets are used largely to buy back HYPE on the open market, the spike in commodity activity is fueling demand for the token and signaling broader growth for Hyperliquid.
Read full story
Latest Crypto News
Rick Rieder, a rising favorite for Trump's Fed chair pick, sees bitcoin as new gold
HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange
WH advisor Patrick Witt: Davos 2026 was ‘turning point’ for global crypto normalization
Standard Chartered says U.S. regional banks most at risk in $500 billion stablecoin shift
CoinDesk 20 Performance Update: Bitcoin Cash (BCH) Gains 2% While Index Declines
Privacy-focused Miden, Korea Digital Asset agree to build crypto infrastructure for institutional adoption
Top Stories
Tether takes the fight to Circle with a new 'made in America' stablecoin
Trump family-backed American Bitcoin lifts bitcoin holdings to nearly 5,900 coins
Bitcoin, ether stall as metals steal spotlight in low-liquidity trade: Crypto Markets Today
Polymarket's Volmex contracts open a new path to trading bitcoin, ether volatility
Millions in crypto wealth at risk of vanishing when holders die. Here's how to protect it
Bitcoin bullish bets now a bargain as 7% weekly loss underlines bearish trend
Latest Crypto News
Rick Rieder, a rising favorite for Trump's Fed chair pick, sees bitcoin as new gold
HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange
WH advisor Patrick Witt: Davos 2026 was ‘turning point’ for global crypto normalization
Standard Chartered says U.S. regional banks most at risk in $500 billion stablecoin shift
CoinDesk 20 Performance Update: Bitcoin Cash (BCH) Gains 2% While Index Declines
Privacy-focused Miden, Korea Digital Asset agree to build crypto infrastructure for institutional adoption
Top Stories
Tether takes the fight to Circle with a new 'made in America' stablecoin
Trump family-backed American Bitcoin lifts bitcoin holdings to nearly 5,900 coins
Bitcoin, ether stall as metals steal spotlight in low-liquidity trade: Crypto Markets Today
Polymarket's Volmex contracts open a new path to trading bitcoin, ether volatility
Millions in crypto wealth at risk of vanishing when holders die. Here's how to protect it
Bitcoin bullish bets now a bargain as 7% weekly loss underlines bearish trend
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details
The post Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details appeared on BitcoinEthereumNews.com. Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth funds, and hedge funds were notable. According to Gerovich, approximately 100 institutional investors participated in roadshows held prior to the IPO. Ultimately, over 70 investors participated in Metaplanet’s capital raising. Previously disclosed information indicated that the company had raised approximately $1.4 billion through the IPO. This funding will accelerate Metaplanet’s growth plans and, in particular, allow the company to increase its balance sheet Bitcoin holdings. Gerovich emphasized that this step will propel Metaplanet to its next stage of development and strengthen the company’s global Bitcoin strategy. Metaplanet has recently become one of the leading companies in Japan in promoting digital asset adoption. The company has previously stated that it views Bitcoin as a long-term store of value. This large-scale IPO is considered a significant step in not only strengthening Metaplanet’s capital but also consolidating Japan’s role in the global crypto finance market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/japan-based-bitcoin-treasury-company-metaplanet-completes-1-4-billion-ipo-will-it-buy-bitcoin-here-are-the-details/
Share
BitcoinEthereumNews2025/09/18 08:42
‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds
The post ‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds appeared on BitcoinEthereumNews.com. More than six in 10 crypto press releases published
Share
BitcoinEthereumNews2026/02/04 13:09
Why Vitalik Says L2s Aren’t Ethereum Shards Now?
The post Why Vitalik Says L2s Aren’t Ethereum Shards Now? appeared on BitcoinEthereumNews.com. Vitalik says Ethereum’s scaling and higher gas limits mean L2s no
Share
BitcoinEthereumNews2026/02/04 13:18
