AgriForce reports Bitcoin mining cost of ~$41k per BTC at two sites as of Q1 2025

AVAX ONE TECHNOLOGY LTD.

Weighted avg cost to mine one Bitcoin: approximately $41,000 as of March 31, 2025 (unaudited, preliminary).
Alberta site: 1 BTC every 112.4 days at $518.40/day yields ~$58k per BTC.
Ohio site: 1 BTC every 26 days at $1,350/day yields ~$36k per BTC.
Miner fleet avg age 3 years; median efficiency 99.86%; avg downtime 24 hours/month.
Data is preliminary and unaudited; Q1 2025 closing procedures not yet complete.

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