AVAX One's second-quarter revenue increased more than fivefold year-on-year, holding 14.09 million AVAX

In comparison, AVAX One released financial and operating data for the second quarter of 2026. Revenue for the period reached 2.8 million US dollars, an increase of more than 5 times over 452,000 US dollars in the same period in 2025, including AVAX staking rewards of about 2.1 million US dollars and Bitcoin mining revenue of about 700,000 US dollars. Affected by changes in the market value of digital assets, the company's net loss for the second quarter was US$35.1 million, including US$29.75 million in unrealized digital asset losses and US$2.61 million in liquid collateral token depreciation; after excluding these non-cash items, the adjusted net loss was US$2.2 million.

As of August 13, AVAX One held a total of 14.091 million AVAX and equivalents, of which about 800,000 have been deployed to Treehouse. About 95% of the assets are pledged, and the annualized yield is about 5.4%. The company repurchased approximately 144,800 shares in the second quarter, having previously repurchased approximately 417,500 shares since November 2025; at the same time, it plans to transfer approximately 100 kilowatts of idle Bitcoin mining capacity at the Redwater facility to AI inference business. The company maintains its full year 2026 guidance and expects revenue of $11 million to $12 million and EBITDA of $2 million to $3 million under current spot price assumptions.

AVAX One is a digital infrastructure company (NASDAQ: AVX) listed on the US NASDAQ. Its core business includes establishing an Avalanche (AVAX) digital asset reserve, obtaining on-chain revenue through staking, operating Bitcoin mining facilities, and developing modular data centers and AI computing services.