AVAX One is building a 10MW microgrid computing center in Canada and purchasing 220 BTC mining machines for the transition

NASDAQ-listed company AVAX One Technology (AVX) announced the advancement of its AI infrastructure strategy. The company has signed a FEED plan for a 10MW AI/HPC microgrid data center, located in Alberta, Canada, leveraging the local low-cost natural gas power to create a high-cost-performance, scalable dedicated AI computing facility. The project is designed by BlueFlare and is one of the first AI computing centers in the area.

At the same time, the company invested less than $500,000 to purchase 220 Bitmain S21 Pro mining machines, increasing Alberta's computing power from 150 PH/s to over 200 PH/s. This move serves as a transitional cash flow source during the construction period of the AI center, achieving a dual-track layout of "mining + AI computing power" to quickly monetize existing power capacity.