AVAX-Focused Treasury AGRI Plunges 12% Pre-Market After 137% Rally as $550M Financing Targets $700M AVAX Despite $7.5M Market Cap

Crypto stocks in the US pre-market session are trading with modest strength, according to market data, as investors digest recent token treasury strategies and equity flows ahead of the open.

The newly formed AVAX treasury vehicle AGRI dropped more than 12.2% in pre-market trading after surging over 137% in the prior session; the company had outlined a $550 million financing strategy to accumulate upwards of $700 million in AVAX tokens while its market capitalization remains near $7.5 million.

Notable pre-market movers include Coinbase (COIN) +0.75%, Circle (CRCL) +1.17%, MicroStrategy (MSTR) +1.21%, Bitmine (BMNR) +2.69% and SharpLink Gaming (SBET) +0.30%, reflecting continued investor focus on crypto-linked equities.