AVAX One, a Nasdaq-listed treasury company, reported a significant increase in its first-quarter 2026 revenue, reaching $2.4 million. This marks a doubling of revenue from the previous quarter, driven by enhanced yields from Avalanche staking and Bitcoin mining operations. The company holds approximately 14 million AVAX tokens, with over 90% staked. Additionally, AVAX One has signed a letter of intent to construct a 10MW Tier 3 AI/HPC data center in Alberta, Canada, as part of its strategy to integrate crypto asset yield with computational infrastructure.