Subsequent Events |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Note 14. Subsequent Events Galaxy Loan Facility In connection with the Repurchase, on October 29, 2025, the Company entered into a Master Digital Currency Loan Agreement (the “Loan Agreement”) with Galaxy Digital LLC (“Lender”). On October 30, 2025, the Company made a draw under the Loan facility and borrowed a principal sum of $11 million (the “October Loan”) and granted to Lender a security interest in Bitcoin collateral owned by the Company. Subsequent to December 31, 2025, the maturity date for the October Loan was extended by agreement with the Lender with a new maturity date of April 24, 2026. Miner Purchase On February 5, 2026, the Company entered into a Sales and Purchase Agreement with Bitmain Technologies Delaware Limited ("Bitmain") for the purchase of 300 Bitmain S19XP miners at a total purchase price of $126,900.
Brown Loan Amendment On March 27, 2026, we entered into a second amendment to secured promissory note with Brown Family to extend the maturity date of the Brown Secured Note until June 30, 2026. |