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AVAX One shifts focus to staking AVAX tokens, reports $49.9M Q3 net income driven by unrealized digital asset gains.

Protocol Fundamentals
13 Nov 2026, 13:12 WIB
Crypto Briefing
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Bullish
AVAX One shifts focus to staking AVAX tokens, reports $49.9M Q3 net income driven by unrealized digital asset gains.

AVAX One Technology Ltd. has abandoned its modular data center plans to concentrate on holding and staking Avalanche's native token, AVAX. In Q3 2026, the company reported a net income of about $49.9 million, largely due to a $55.1 million unrealized gain on its digital assets, while actual revenue was only $2.4 million. The company holds 14.17 million AVAX tokens, with nearly all staked at an annual yield of 5.85%, providing a steady income stream. AVAX One also eliminated its convertible debt and accelerated its stock buyback program, signaling a strategic shift to focus solely on Avalanche token staking and related revenue.

AVAX One's shift to focus on Avalanche token staking is notable context for readers. For those following the cryptocurrency market, 12 of 50 major cryptocurrencies on Pluang rose while 37 fell today. CAKE was priced at Rp31.346 with a 1-day change of -4.69%, AAVE at Rp2.021.122 with -4.50%, and BNB at Rp11.643.523 with -4.34%, as of Nov 13, 2026 17:21 WIB.

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