What AVAX One does

AVAX One Technology Ltd. (NASDAQ: AVX) is a digital infrastructure company that operates a three-pillar platform combining an Avalanche (AVAX) digital asset treasury, Bitcoin mining operations, and AI/HPC modular data center development. The company is the first publicly traded Avalanche Treasury vehicle, accumulating approximately 13.9 million AVAX tokens and generating onchain yield through staking at approximately 6% net, complemented by deployment of AVAX into Treehouse's tAVAX liquid staking primitive and a proprietary Avalanche validator infrastructure that earns delegation fees. Bitcoin mining operations in Alberta and Ohio run approximately 250 PH/s of hash rate (targeting 300+ PH/s) using Bitmain Antminer S21 Pro machines, generating recurring cash flow that supports treasury accumulation.

The company is building a 10 MW, Tier 3-ready AI/HPC microgrid data center at the 4-31 Battery site in Alberta through a partnership with BlueFlare Energy Solutions, with a target delivery in Q1 2027 and an anticipated project cost of $30-35 million. The design uses behind-the-meter natural gas generation and battery energy storage to bypass grid interconnection queues and achieve approximately $0.04/kWh power costs, targeting the "missing middle" of 5-50 MW enterprise inference and edge compute workloads that hyperscalers cannot efficiently serve. Additional supporting products include the Avalanche Treasury Dashboard (powered by Blueprint) for institutional transparency and a non-binding LOI to acquire the Bantry Data Site to expand the Western Canada footprint.

Revenue is generated through staking rewards (~$2.0M quarterly run-rate from AVAX positioning), Bitcoin mining cash flow (~$480K in Q4 2025), and planned long-term data center colocation agreements. The company reports Q2 2026 revenue of $2.8M (460% YoY) and 2026 full-year guidance of $11-12M revenue with $2-3M EBITDA. Distribution is hybrid: Nasdaq-listed equity for public market investors, institutional PIPE and private placement channels, and direct enterprise sales for data center clients. The company is headquartered in West Palm Beach, FL, with operating sites in Alberta (data center and mining) and Ohio (mining), and is led by Interim CEO Pete Wylie following CEO Jolie Kahn's departure in July 2026.

Name

AVAX One

Legal name

AVAX One Technology Ltd.

Website

https://avax-one.com

Company type

Public

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Short description

AVAX One (NASDAQ: AVX) is a digital infrastructure company operating an Avalanche token treasury, Bitcoin mining in Alberta and Ohio, and AI/HPC modular data centers in Western Canada, serving public market investors and enterprise AI compute clients.

Ownership category

akta.pro rank

Product category

Digital Infrastructure & Blockchain Treasury

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199)

akta.pro primary industry

Treasury Management & Corporate Crypto Yield Programs (FSADAHAL)

akta.pro secondary industry

Yield Aggregators, Auto-Compounding & Strategy Vaults (DeFi Yield) (FSADAHAK)

Keywords

• Digital asset treasury
• Blockchain infrastructure
• AI data centers
• Bitcoin mining
• AVAX staking

Headquarters

HQ city

West Palm Beach

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Operations, Personnel, Marketing or Sales

Revenue model

1. AVAX Staking Rewards: The company generates staking rewards from its Avalanche digital asset treasury by staking approximately 14 million AVAX tokens at approximately 6% net yield. Staking rewards compound the treasury's nominal holdings, generating approximately 180,000 AVAX (~$2.0 million) in Q1 2026. The company also deployed more than 800,000 AVAX into tAVAX liquid staking through Treehouse to expand yield generation.
2. Bitcoin Mining Operations: Bitcoin mining revenue from operations in Alberta and Ohio, with approximately 250 PH/s capacity expanded to over 200 PH/s through acquisition of 220 Bitmain Antminer S21 Pro machines. The company reports Bitcoin mining revenue generating approximately $480,000 in Q4 2025, with operations described as running profitably despite market headwinds.
3. AI/HPC Data Center Services: Planned revenue from a 10 MW Tier 3-ready AI/HPC data center in Alberta, Canada, targeting enterprise inference, edge compute, and regulated industries. The facility will generate recurring high-margin revenue through long-term infrastructure agreements with end clients, with a targeted delivery of Q1 2027 and anticipated project cost of $30-35 million.
4. Validator Delegation Fees: Revenue generated through the company's proprietary Avalanche validator infrastructure, enabling third-party delegators to stake AVAX at competitive costs while earning delegation fees. This creates an incremental, protocol-native revenue stream.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

AVAX One operates a digital asset treasury strategy accumulating AVAX tokens and generating on-chain staking yield at approximately 6% net yield, runs Bitcoin mining operations in Alberta and Ohio using Bitmain Antminer S21 Pro ASIC machines at approximately 250+ PH/s, and is developing power-first, modular AI/HPC data centers in energy-advantaged regions leveraging behind-the-meter natural gas generation. The company provides public market investors exposure to a portfolio of scarce digital and compute assets through its Nasdaq listing.

Product overview

AVAX One Technology Ltd. (NASDAQ: AVX) is a digital infrastructure company operating as a diversified platform combining three core pillars: (1) an Avalanche Digital Asset Treasury strategy accumulating AVAX tokens and generating onchain staking yield at approximately 6%, (2) Bitcoin Mining Operations in Alberta and Ohio with approximately 250+ PH/s capacity, and (3) AI/HPC Modular Data Centers—power-first facilities leveraging behind-the-meter natural gas generation targeting enterprise inference and edge compute workloads. The company also offers supporting products including Public Avalanche Validator Infrastructure for delegation revenue, an Avalanche Treasury Dashboard for investor transparency, and a Treehouse Liquid Staking Integration for expanded yield generation. The platform provides public market investors with exposure to both the onchain economy and digital infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Avalanche Digital Asset Treasury Core treasury strategy involving disciplined accumulation of AVAX tokens and onchain staking at approximately 6% net yield. The company holds approximately 14 million AVAX tokens generating recurring staking yield for public market investors.
• Bitcoin Mining Operations Bitcoin mining facilities operating in Alberta and Ohio, generating ongoing operating cash flow using Bitmain Antminer S21 Pro ASIC machines. Operations are described as running profitably despite market headwinds.
• AI/HPC Modular Data Centers Power-first, modular data centers in energy-advantaged regions leveraging behind-the-meter natural gas generation and microgrid design to deliver compute capacity for AI inference, edge compute, and high-performance computing workloads serving regulated industries. Initial 10 MW facility designed to Uptime Institute Tier 3 certification.
• Avalanche Validator Infrastructure Public validator node on the Avalanche blockchain enabling third-party AVAX token holders to delegate stake. Generates revenue through delegation fees using institutional-grade cloud architecture for high uptime and performance.
• Avalanche Treasury Dashboard Institutional-grade transparency tool providing investors with real-time and reference data on AVAX market pricing, estimated NAV, mNAV metrics, and AVAX holdings. Powered by Blueprint.
• Treehouse Liquid Staking Integration (tAVAX) Yield-generation deployment through Treehouse's DeFi-ready liquid staking primitive tAVAX, powered by BENQI. Generates approximately 6% yield through interest rate arbitrage while remaining composable across DeFi protocols.

Quantifiable outcome

• Revenue of $2.8M in Q2 2026, representing 460% year-over-year increase and 12% sequential increase from Q1 2026
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Four partnerships are on record, tiered supporting, core and strategic.

• ASCENT Consulting Ltd.supportingImplementation/ SI/ Consulting Partner · 6 May 2026ASCENT Consulting Ltd. was selected by AVAX One to serve as Owner's Engineer for its 10 MW behind-the-meter critical power facility in Alberta. The firm is advancing the project from conceptual design into detailed engineering and AESO-ready deliverables for the Tier 3 facility featuring natural-gas-fired generation with battery energy storage integration.
• BlueFlare Energy Solutions Inc.coreStrategic or Co-development Partner · 7 April 2026BlueFlare is an Alberta-based data center infrastructure developer engaged as the primary infrastructure development partner for AVAX One's 10 MW AI/HPC micro-grid data center at the 4-31 Battery site in Alberta. BlueFlare leads the FEED study establishing technical foundation and project cost framework. The company specializes in behind-the-meter energy systems and modular data center deployment, providing end-to-end services spanning project development, engineering, construction, and ongoing operations.
• TreehousecoreTechnology or Integration · 17 March 2026Treehouse is a digital assets infrastructure firm engaged by AVAX One to expand yield generation on AVAX holdings. The partnership deployed more than 800,000 AVAX into tAVAX, Treehouse's DeFi-ready liquid staking primitive for Avalanche, powered by BENQI. The deployment generates approximately 6% yield through interest rate arbitrage strategies while remaining composable across DeFi protocols. Results may lead to expanded deployments with Treehouse's onchain infrastructure capabilities.
• HivemindstrategicStrategic or Co-development PartnerHivemind is a well-known crypto investment firm that identified Avalanche as the preferred blockchain for AVAX One's digital asset treasury strategy. AVAX One is working with Hivemind and its chairman Matt Jeng in developing its Avalanche-focused strategy. Hivemind has done significant investing in the crypto space and set up dedicated funds.

Scale indicators9 records

Recent moves17 records

Expansion highlights6 records

Direct peers

• Iris Energy: Iris Energy (IREN) operates renewable-powered Bitcoin mining with a strategic pivot to AI/HPC cloud services using its energy infrastructure. Its behind-the-meter/energy-advantaged model in British Columbia and Texas is highly comparable to AVAX One's Alberta microgrid strategy.
• Bitfarms: Bitfarms (BITF) operates Bitcoin mining with a growing focus on HPC/AI compute diversification. Its relatively small team and vertically integrated operations provide a closer size comparison to AVAX One than the mega-cap miners.
• Core Scientific: Core Scientific (CORZ) emerged from bankruptcy with a focus on AI/HPC compute hosting alongside legacy Bitcoin mining operations. Its hybrid digital infrastructure model is one of the most direct operational parallels to AVAX One's three-pillar strategy.
• Marathon Digital: Marathon Digital (MARA) is one of the largest publicly traded Bitcoin miners, operating industrial-scale ASIC mining operations. It serves as a direct comparable for AVAX One's Bitcoin mining segment and energy-advantaged site selection.
• Riot Platforms: Riot Platforms (RIOT) operates large-scale Bitcoin mining facilities with strategic optionality on AI/HPC compute hosting. Its infrastructure scale and energy strategy provide a reference point for AVAX One's mining operations in Alberta and Ohio.
• Applied Digital: Applied Digital (APLD) builds and operates large-scale data centers initially for crypto mining and now pivoted to AI/HPC cloud hosting. Its transformation from miner to AI infrastructure provider mirrors AVAX One's planned roadmap.
• Hut 8 Mining: Hut 8 operates both Bitcoin mining and AI/HPC data center infrastructure, with energy-advantaged sites in Alberta and other regions. Its dual-pillar model combining crypto mining with compute infrastructure closely mirrors AVAX One's stated strategy.

Broad incumbents

• Coinbase Global: Coinbase (COIN) operates the largest US crypto exchange and a major staking platform. While much broader than AVAX One, it serves as the dominant institutional onramp for the staking yield that drives AVAX One's revenue model.
• MicroStrategy: MicroStrategy pioneered the corporate crypto treasury model with its massive Bitcoin holdings and is publicly traded on Nasdaq. While Bitcoin-focused rather than Avalanche, it is the template AVAX One follows and the most relevant benchmark for the digital asset treasury strategy category.

Emerging players

• Sol Strategies: Sol Strategies (formerly Cypherpunk Holdings) is a publicly traded Solana treasury vehicle, analogous to AVAX One for the Solana ecosystem. It represents the direct chain-specific treasury peer competing for the same institutional crypto allocation flows.

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/avax_one
• LinkedInlinkedin.com/company/avaxone

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AVAX One