v3.26.1
STATEMENT OF OPERATIONS - USD ($)
3 Months Ended 4 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Staking revenue, net of fees $ 0  
Operating expenses:    
General and administrative expenses 139,635  
Other income (expense):    
Net loss $ (139,635)  
Weighted average number of Class A member units, basic (in shares) 1,000  
Weighted average number of Class A member units, diluted (in shares) 1,000  
Basic net income per common stock $ (139.64)  
Diluted net income per common stock $ (139.64)  
Avalanche Treasury Company LLC    
Staking revenue, net of fees $ 2,057,074 $ 1,434,669
Operating expenses:    
General and administrative expenses 1,942,410 1,205,832
Change in fair value of digital assets 46,192,584 96,338,351
Realized loss on digital assets 477,431 2,142,985
Impairment of digital assets 5,059,757 13,566,758
Loss from operations (51,615,108) (111,819,257)
Other income (expense):    
Change in fair value of token sale liability 24,807,903 52,150,216
Other income 21,059 75,157
Interest expense   (1,666)
Total other income, net 24,834,866 52,223,707
Net loss $ (26,780,242) $ (59,595,550)
Weighted average number of Class A member units, basic (in shares) 27,368,672 16,805,272
Weighted average number of Class A member units, diluted (in shares) 27,368,672 16,805,272
Basic net income per common stock $ (0.98) $ (3.55)
Diluted net income per common stock $ (0.98) $ (3.55)