v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 22,583,253 $ 2,273,624
Prepaid expenses and other current assets 2,173,979 232,028
Call option asset - related party 199,060,000
Total Current Assets 223,817,232 2,505,652
Digital assets 467,549,622
Investments 35,697,320
Intangible assets 3,009,281
Other non-current assets 534,299 1,172,340
Total Assets 730,607,754 3,677,992
Current Liabilities:    
Accounts payable and accrued expenses 5,859,341 323,725
Notes payable, net 209,557,614 139,277
Other current liabilities 568,207 143,048
Total Current Liabilities 215,985,162 606,050
Non-current Liabilities:    
Other non-current liabilities 365,966 503,632
Total Liabilities 216,351,128 1,109,682
Commitments and Contingencies
Stockholders’ Equity:    
Preferred Stock, $0.001 par value per share; authorized - 10,000,000 shares; none issued and outstanding as of December 31, 2025 and December 31, 2024, respectively.
Common stock, $0.001 par value, 10 billion shares authorized; 439,950,632 shares issued and 437,946,327 outstanding as of December 31, 2025 and 6,050,148 shares issued and 6,029,648 outstanding as of December 31, 2024 439,950 6,050
Treasury stock at cost, 2,004,305 and 20,500 shares as of December 31, 2025 and December 31, 2024, respectively (749,003) (22,145)
Additional paid-in capital 574,570,303 10,360,106
Accumulated deficit (60,004,624) (7,775,701)
Total Stockholders’ Equity 514,256,626 2,568,310
Total Liabilities and Stockholders’ Equity $ 730,607,754 $ 3,677,992