Q2 revenue up over 5x year-over-year, AVAX One holds 14.091 million AVAX

Odaily Planet Daily News: AVAX One has released its financial and operational data for the second quarter of 2026. During the period, revenue reached $2.8 million, an increase of more than fivefold compared to $452,000 in the same period of 2025. Of this amount, AVAX staking rewards accounted for approximately $2.1 million, while Bitcoin mining revenue contributed around $700,000. Affected by fluctuations in digital asset market value, the company recorded a net loss of $35.1 million in the second quarter, including $29.75 million in unrealized losses on digital assets and $2.61 million in impairment of liquid staking tokens. After excluding the above non-cash items, the adjusted net loss was $2.2 million.



As of August 13, AVAX One held a total of 14.091 million AVAX and equivalents, of which approximately 800,000 tokens have been deployed to Treehouse. About 95% of the assets are in staking status, with an approximate annualized yield of 5.4%. The company repurchased approximately 144,800 shares in the second quarter, bringing the cumulative repurchase total to approximately 417,500 shares since November 2025.



AVAX One plans to redirect approximately 100 kilowatts of idle Bitcoin mining capacity at its Redwater facility to AI inference operations, while maintaining its full-year 2026 guidance. Under current spot price assumptions, the company expects full-year revenue of $11 million to $12 million and EBITDA of $2 million to $3 million.



AVAX One is a Nasdaq-listed digital infrastructure company in the United States, trading under the ticker symbol AVX. Its core businesses include building an Avalanche digital asset reserve, generating on-chain yields through staking, operating Bitcoin mining facilities, and developing modular data centers and AI computing operations.