It’s rare that an Avalanche “treasury” company can come to be this way, but it looks like no matter how many positive developments there are, AVAX is still a dead snake that can’t raise its head anymore.
In Q2, revenue year over year grew by more than 5 times. AVAX One holds 14.091 million AVAX.
AVAX One has released its 2026 second-quarter financial and operating results. Revenue for the period was USD 2.8 million, up more than 5 times from USD 0.452 million in the same period of 2025. Of this, AVAX staking rewards were approximately USD 2.1 million, and bitcoin mining revenue was approximately USD 0.7 million. Due to changes in the market value of digital assets, the company recorded a net loss of USD 35.1 million in Q2, including unrealized losses on digital assets of USD 29.75 million and impairment of liquid staking tokens of USD 2.61 million. Excluding the above non-cash items, the adjusted net loss was USD 2.2 million.
As of August 13, AVAX One holds a total of 14.091 million AVAX and equivalents. About 0.8 million AVAX have been deployed to Treehouse, and roughly 95% of its assets are in staking, with an annualized return of around 5.4%. In Q2, the company repurchased about 144,800 shares, and since November 2025, it has cumulatively repurchased about 417,500 shares.
AVAX One plans to repurpose approximately 100 kW of idle bitcoin mining capacity from its Redwater facility to an AI inference business, while maintaining its full-year 2026 guidance. Under current spot price assumptions, the company expects full-year revenue of USD 11.0 million to USD 12.0 million, and EBITDA of USD 2.0 million to USD 3.0 million.
AVAX One is a digital infrastructure company listed on the Nasdaq in the United States, with the stock ticker AVX. Its core businesses include building an Avalanche digital asset reserve, earning on-chain yields through staking, while operating bitcoin mining facilities and developing modular data centers and AI computing services. $AVAX
In Q2, revenue year over year grew by more than 5 times. AVAX One holds 14.091 million AVAX.
AVAX One has released its 2026 second-quarter financial and operating results. Revenue for the period was USD 2.8 million, up more than 5 times from USD 0.452 million in the same period of 2025. Of this, AVAX staking rewards were approximately USD 2.1 million, and bitcoin mining revenue was approximately USD 0.7 million. Due to changes in the market value of digital assets, the company recorded a net loss of USD 35.1 million in Q2, including unrealized losses on digital assets of USD 29.75 million and impairment of liquid staking tokens of USD 2.61 million. Excluding the above non-cash items, the adjusted net loss was USD 2.2 million.
As of August 13, AVAX One holds a total of 14.091 million AVAX and equivalents. About 0.8 million AVAX have been deployed to Treehouse, and roughly 95% of its assets are in staking, with an annualized return of around 5.4%. In Q2, the company repurchased about 144,800 shares, and since November 2025, it has cumulatively repurchased about 417,500 shares.
AVAX One plans to repurpose approximately 100 kW of idle bitcoin mining capacity from its Redwater facility to an AI inference business, while maintaining its full-year 2026 guidance. Under current spot price assumptions, the company expects full-year revenue of USD 11.0 million to USD 12.0 million, and EBITDA of USD 2.0 million to USD 3.0 million.
AVAX One is a digital infrastructure company listed on the Nasdaq in the United States, with the stock ticker AVX. Its core businesses include building an Avalanche digital asset reserve, earning on-chain yields through staking, while operating bitcoin mining facilities and developing modular data centers and AI computing services. $AVAX