Axe Compute (NASDAQ: AGPU) grows AI revenue but posts $24.9M loss on ATH slide

Axe Compute (NASDAQ: AGPU) reported significant top-line growth in its AI compute services, with revenue increasing to $3.3 million in the first half of 2026 from $0.1 million in the prior year. However, the company posted a net loss of $24.9 million, primarily due to a $17.4 million loss on its ATH digital asset holdings and increased operating expenses. Despite the losses, Axe Compute secured over $2.8 billion in new contracts for AI infrastructure, signaling strong future revenue potential, and maintains sufficient liquidity through cash and digital assets.