THE BLOCK: AVAX One AVX reported Q2 revenue of $2.8M, up significantly from half a million dollars a year earlier, driven mainly by $2.1M in avalanche-2:native staking rewards and a lesser amount from BTC mining. However, the firm posted a net loss of $35.1M ($4.41 per share) largely due to non-cash unrealized losses on its digital asset holdings, including 14.1M AVAX tokens.(The Block)