PANews reported on November 25th that, according to Cryptopolitan, Nasdaq-listed AVAX One announced that between November 5th and November 23rd, 2025, it spent $110 million to purchase 9,377,475 AVAX tokens, with a weighted average purchase price of $11.73 per token. This brings its total AVAX token holdings to over 13.8 million, worth approximately $193 million at current token prices. AVAX One has retained approximately $35 million in cash for further token purchases and share buybacks.