According to CoinMeta, Wu said that as of August 13, 2026, AVAX One disclosed that the company held approximately 14.09 million AVAX and equivalent assets, of which about 800,000 were deployed on Treehouse. Approximately 95% of these were in a pledged state, with an annualized yield of around 5.4%. In the second quarter, the company received approximately $2.1 million in pledge rewards and about $700,000 in Bitcoin mining revenue. However, total income was about $2.8 million. Affected by factors such as unrealized losses on $29.8 million in digital assets and impairment of liquid pledged tokens, the company incurred a net loss of about $35.1 million for the quarter. The company is also evaluating the possibility of utilizing about 100 kilowatts of idle Bitcoin mining capacity for the workload of AI.