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BlockBeats News, August 14th, AVAX One announced its financial and operational data for the second quarter of 2026, with quarterly revenue reaching $2.8 million, a growth of over 5 times compared to $452,000 in the same period of 2025. The revenue consisted of approximately $2.1 million from AVAX staking rewards and around $700,000 from Bitcoin mining income. Due to the fluctuation in digital asset prices, the company recorded a net loss of $35.1 million in the second quarter, including a $29.75 million unrealized loss on digital assets and a $2.61 million impairment on liquidity staking tokens; excluding the above non-cash items, the adjusted net loss was $2.2 million.
As of August 13th, AVAX One holds a total of 14.091 million AVAX and equivalents, of which approximately 800,000 have been deployed to Treehouse. Around 95% of the assets are staked, with an annualized staking yield of about 5.4%. The company repurchased approximately 144,800 shares in the second quarter, bringing the total repurchase to around 417,500 shares since November 2025; meanwhile, it plans to repurpose the idle 100 kW Bitcoin mining capacity at the Redwater facility for AI inference tasks. The company maintains its full-year 2026 guidance, expecting revenue of $11 million to $12 million and EBITDA of $2 million to $3 million at current spot prices.
AVAX One is a U.S.-listed digital infrastructure company (NASDAQ: AVX) whose key business includes establishing an Avalanche (AVAX) digital asset reserve, earning on-chain rewards through staking, operating Bitcoin mining facilities, and developing modular data centers and AI computing businesses.
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