---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-006275"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T06:02:40.761423+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-006275
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000164117225006275/0001641172-25-006275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000164117225006275/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-006275
- JSON: https://secwatch.observer/filing/0001641172-25-006275.json
- Plain text: https://secwatch.observer/filing/0001641172-25-006275.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.