AVAX ONE TECHNOLOGY LTD. - 8-K Filing
AVAX ONE reported Q1 2026 results with total revenue of $2.5 million (up from $0.3 million YoY), driven by AVAX staking rewards ($1.9M) and Bitcoin mining ($0.6M). The company incurred a net loss of $46.4 million or -$0.48 per diluted share, primarily due to non-cash charges including a $36.3 million unrealized loss on digital assets. It also announced plans for an AI/HPC micro-grid data center in Alberta and expanded its Bitcoin mining capacity by 33% with new ASIC miners. (Items: 8.01 Other Information The Company held its earnings call yesterday at 5:00 PM ET for the quarter ended March 31, 2026, 9.01 Exhibit 99)
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