secwatch.observer — SEC 8-K summary
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Issuer:     AVAX ONE TECHNOLOGY LTD. (AVX)
CIK:        0001826397
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001641172-25-006275
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826397/000164117225006275/0001641172-25-006275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826397/000164117225006275/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-006275

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer