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Mountain Lake Announces $675M Deal with Avalanche Treasury

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An announcement from Mountain Lake Acquisition Corp. Class A ( (MLAC) ) is now available.

On October 1, 2025, Mountain Lake Acquisition Corp. and Avalanche Treasury Corporation announced a business combination agreement valued at over $675 million, including approximately $460 million in treasury assets. This transaction aims to create a leading public vehicle for AVAX exposure, with plans to list on Nasdaq in Q1 2026. The combination is expected to accelerate institutional adoption of Avalanche’s enterprise blockchain, with AVAT aiming to own more than $1 billion worth of AVAX, positioning itself as a foundational partner in the ecosystem. The transaction has attracted significant participation from institutional investors and crypto-native firms, reflecting the growing sophistication and momentum in the digital asset space.

More about Mountain Lake Acquisition Corp. Class A

Avalanche Treasury Co. (AVAT) is an ecosystem-aligned digital asset treasury company with an exclusive relationship with the Avalanche Foundation. It focuses on providing exposure to the Avalanche ecosystem through active treasury management and strategic investments, bridging traditional finance and blockchain for institutional adoption.

Average Trading Volume: 16,756

Technical Sentiment Signal: Strong Buy

Learn more about MLAC stock on TipRanks’ Stock Analysis page.

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