AVAX One Q2 revenue rises on staking rewards, bitcoin mining

AVAX One Technology

13/08/2026 21:22

Overview
US digital infrastructure firm's Q2 revenue rose sharply, driven by staking rewards and Bitcoin mining
Q2 operating expenses surged due to non-cash charges tied to digital asset valuation and impairments
Company repurchased 144,755 shares in Q2 and completed debt restructuring after quarter end

Outlook
AVAX One reiterates 2026 revenue guidance of $11 mln to $12 mln under current spot prices
Company expects 2026 EBITDA of $2 mln to $3 mln under current spot prices
AVAX One says liquidity is sufficient to fund operations and growth strategy without raising capital

Result Drivers
AVALANCHE STAKING REWARDS - Co said Q2 revenue growth was driven by staking rewards from its Avalanche digital asset treasury
BITCOIN MINING - Bitcoin mining operations contributed $0.7 mln in Q2 revenue
NON-CASH DIGITAL ASSET LOSSES - Q2 operating expenses surged due to $29.8 mln unrealized loss on digital asset valuation and $2.6 mln impairment of liquid staking tokens

Company press release: ID:nGNX7xW8h8

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Loss Per Share
 
$4.41
 
Q2 Net Loss
 
$35.13 mln
 
Q2 Operating Income
 
-$33.38 mln
 

Reuters Recommended Reads
Aug 11 - Ton Strategy Q2 revenue surges on higher Gram staking rewards
Aug 12 - DeFi Development Q2 revenue rises on digital asset treasury growth
Aug 13 - Nakamoto reports Q2 net loss of $133 mln

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)