Avalanche Treasury Seals $675M Deal, But AVAX Price Stays Flat

Avalanche has made one of its biggest strategic moves to date, yet the market doesn’t seem impressed. Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, announced it has entered a definitive business combination agreement with Mountain Lake Acquisition Corp. (Nasdaq: MLAC). The deal values the combined entity at more