AVAX One Announces Q1 Results: Holds ~14 Million AVAX, Revenue Doubles Quarter-on-Quarter

According to GlobeNewswire, AVAX One—a Nasdaq-listed treasury company holding AVAX—has released its Q1 2026 financial results. Benefiting from Avalanche staking yields and growth in Bitcoin mining operations, quarterly revenue doubled sequentially to $2.4 million. Regarding asset allocation, AVAX One disclosed that it currently holds approximately 14 million AVAX tokens, over 90% of which are staked. Additionally, the company has signed a letter of intent to build a 10 MW Tier-3 AI/HPC data center project in Alberta, Canada, aiming to execute a dual-driven strategic layout leveraging both “crypto asset yields” and “computing infrastructure.”