v3.25.4
Hype Digital Assets (Tables)
6 Months Ended
Dec. 31, 2025
Digital Assets [Abstract]  
Schedule of Reconciliation of Hype Digital Assets The following tables present a reconciliation of the Company’s assets related to its HYPE digital assets from both a dollar value and tokens perspective:

 

 

 

(In thousands)

 

Balance, June 30, 2025

 

$

-

 

Purchases of HYPE digital assets

 

 

-

 

Balance, September 30, 2025

 

 

-

 

Contributions of HYPE digital assets from Rorschach Contributions

 

 

580,466

 

Purchases of HYPE digital assets

 

 

9,000

 

Unrealized loss on HYPE digital assets

 

 

(93,200

)

Loss on HYPE contribution commitment

 

 

(169,156

)

Receipt of HYPE digital assets from staking activities

 

 

500

 

Balance, December 31, 2025

 

$

327,610

 

 

 

 

(HYPE tokens)

 

Balance, June 30, 2025

 

 

-

 

Purchases of HYPE digital assets

 

 

-

 

Balance, September 30, 2025

 

 

-

 

Contributions of HYPE digital assets from Rorschach Contributions

 

 

12,517,592

 

Purchases of HYPE digital assets

 

 

321,224

 

Receipt of HYPE digital assets from staking activities

 

 

18,717

 

Balance, December 31, 2025

 

 

12,857,533

 

Schedule of Units Held, Cost Basis, and Fair Value of Hype Digital Assets

The following table sets forth the units held, cost basis, and fair value of HYPE digital assets held, as shown on the balance sheet as of December 31, 2025:

 

 

 

 

 

 

(In thousands)

 

 

 

Units

 

 

Cost Basis

 

 

Fair Value

 

HYPE digital assets

 

 

12,857,533

 

 

$

589,966

 

 

$

327,610

 

Total

 

 

12,857,533

 

 

$

589,966

 

 

$

327,610