AVAX One Technology Ltd. (Nasdaq: AVX) ("AVAX One" or the "Company"), today announced preliminary financial and operational results for the three months ended March 31, 2026.

Based on preliminary results for the quarter ended March 31, 2026, the Company expects to report a revenue increase of more than double to $2.4 million compared to Q4 2025. The increase was primarily driven by increased Avalanche staking rewards and Bitcoin mining revenue. In addition, AVAX One is reporting a total cash balance of $27.2 million, which provides the Company with more than adequate liquidity to fund operating costs for more than three years without liquidating any of its digital assets.