According to Globenewswire, Nasdaq-listed AVAX treasury company AVAX One reported its first-quarter 2026 results, with quarterly revenue doubling sequentially to $2.4 million, driven by growth in Avalanche staking yields and Bitcoin mining operations. The company disclosed holdings of approximately 14 million AVAX, over 90% of which are staked, and has signed a letter of intent to build a 10MW Tier 3 AI/HPC data center in Alberta, Canada, advancing its strategy of “crypto asset yield + computational infrastructure.”
AVAX One Q1 2026 Revenue Reaches $2.4M, Driven by Staking and Bitcoin Mining
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Summary
Bitcoin breaking news: AVAX One, the Nasdaq-listed AVAX treasury firm, reported Q1 2026 revenue of $2.4 million, doubling from the prior period. The growth was driven by Avalanche staking and Bitcoin mining. The firm holds 14 million AVAX, with over 90% staked, and has agreed to construct a 10MW Tier 3 AI/HPC data center in Alberta, Canada. The project supports its dual strategy of generating yield from crypto assets and building computing infrastructure.
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