Aug 13, 2026 earnings call — Avalanche treasury strategy and AI pilot
Total revenue was $2.8 million, driven by approximately $2.1 million in staking rewards.
Revenue $0.0B (est $0.0B) · EPS $-1.20 (est $-9900.00)
Key quotes
"We currently own more than 14 million AVAX tokens and equivalents, including approximately 800,000, which have been deployed into Treehouse, providing us with meaningful exposure to the continued growth of the Avalanche ecosystem."
"Our second pillar is Bitcoin mining, which continues to provide recurring operating revenue across our facilities in Alberta and Ohio."
"During the second quarter, we announced an initial AI inference pilot at our Redwater facility, involving the potential conversion of approximately 100 kilowatts of excess mining capacity to AI workloads."
Analyst Q&A 1
CEO search, Alberta AI data center, pilot status
Q (Derek Greenberg · Maxim Group): He asked what the company is looking for in a new CEO (experience, background, qualities). He also asked whether the Alberta powered-land target for 1Q '27 is still firm and the status of the Redwater inference pilot.
A: They declined to add more public comment on the CEO search and said their strategy rests on 3 pillars: building the Avalanche digital asset treasury, enhancing Bitcoin mining operations, and exploring AI infrastructure. They said they will evaluate candidates with experience in those areas. They remain focused on exploring opportunities in Alberta with BlueFlare, and said the Redwater pilot is on track but equipment has not yet been deployed and no operating results are available.
"But I think our 3 pillars are quite clear, building the Avalanche digital asset treasury, enhancing our Bitcoin mining operations and exploring AI infrastructure." — Peter Wylie (CEO)