v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
SCHEDULE OF FAIR VALUE ASSETS

The following tables present the Company’s assets measured at fair value on a recurring basis as of December 31, 2025:

 

Assets  Level 1   Level 2   Level 3   Total 
Equity securities – Metaplanet, Inc.  $20,714,391   $-   $-   $20,714,391 
Digital assets   467,549,622    -    -    467,549,622 
Call option - related party   -    -    199,060,000    199,060,000 
Total assets at fair value  $488,264,013   $-   $199,060,000   $687,324,013 
Schedule Of Assets Measured at Fair Value

The following table presents the changes in Level 3 assets measured at fair value for the year ended December 31, 2025:

 

   Call Option 
Balance, December 31, 2024  $- 
Initial recognition as liability   (27,314,000)
Change in fair value recognized in earnings   226,374,000 
Balance, December 31, 2025  $199,060,000 
SCHEDULE OF QUANTITATIVE INFORMATION ABOUT THE SIGNIFICANT UNOBSERVABLE INPUTS

The following table presents quantitative information about the significant unobservable inputs used in the Company’s Level 3 fair value measurements as of December 31, 2025:

Instrument  Valuation Technique  Significant Unobservable Inputs  Input(s) Used 
Call option asset  Correlated Monte Carlo Simulation  Equity volatility – BTC Inc   71.9%
      Equity volatility - Nakamoto   79.9%
      Expected term   Through January 30, 2026 
      Risk-free rate   3.67%
      Discount for lack of marketability   5.3%
      Correlation coefficient   0.90