AVAX One Q4 revenue surges on Avalanche strategy, bitcoin mining, maintains 2026 revenue forecast

Overview

• US digital asset treasury firm's Q4 revenue surged, driven by Avalanche digital asset treasury strategy and Bitcoin mining

• Company posted Q4 net loss of $16.6 mln, reflecting non-cash digital asset and IP charges

• Company completed 3.3 mln share repurchases under $40 mln buyback program

Outlook

• AVAX One reiterates 2026 revenue guidance between current spot price $11 mln to 2025 high price $44 mln, depending on digital asset prices

• Company maintains 2026 EBITDA guidance of $2 mln-$25 mln, based on market scenarios

• AVAX One expects AVAX accumulation, staking and validator operations to drive revenue growth in 2026

Result Drivers

• AVALANCHE STRATEGY - Revenue growth was primarily driven by the new Avalanche digital asset treasury strategy, which generated $607,000 in staking rewards in Q4

• BITCOIN MINING - A full quarter of Bitcoin mining contributed $480,000 in revenue

• NON-CASH CHARGES - Operating expenses rose due to a $7.8 mln unrealized loss on digital assets and a $5.6 mln impairment of a patent

Company press release: ID:nGNX2zZ7wx

Key Details

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