| SCHEDULE OF DIGITAL ASSETS |
The
following table presents the Company’s Digital Asset holdings as of December 31, 2025:
SCHEDULE
OF DIGITAL ASSETS
| | |
Quantity | | |
Cost Basis | | |
Fair Value | |
| Bitcoin | |
| 51.59 | | |
$ | 5,105,782 | | |
$ | 4,514,638 | |
| USDC | |
| 949,373 | | |
| 949,373 | | |
| 949,373 | |
| Total digital assets held as of December 31, 2025 | |
| | | |
$ | 6,055,155 | | |
$ | 5,464,011 | |
|
| SCHEDULE OF DIGITAL ASSETS ACTIVITY |
The
following table presents a roll-forward of total digital assets for the year ended December, 2025, based on the fair value model under
ASU 2023-08:
SCHEDULE
OF DIGITAL ASSETS ACTIVITY
| | |
Fair Value | |
| Balance as of December 31, 2024 | |
$ | 1,127,891 | |
| Beginning balance, Fair Value | |
$ | 1,127,891 | |
| | |
| | |
| Cumulative effect adjustment upon adoption of ASU 2023-08 | |
| 148,346 | |
| Revenue recognized from Bitcoin mined (31.96 Bitcoin) | |
| 3,306,756 | |
| Digital assets collected from membership revenue | |
| 1,230,493 | |
| Digital assets received from sale of fixed assets | |
| 144,478 | |
| Purchase of digital assets | |
| 9,026,566 | |
| Proceeds from sale of digital assets | |
| (6,858,454 | ) |
| Operating expenses paid with digital assets | |
| (2,028,365 | ) |
| Dividends paid via digital assets | |
| (162,770 | ) |
| Realized gain (loss) on digital assets | |
| 120,214 | |
| Change in fair value of digital assets | |
| (591,144 | ) |
| Balance as of December 31, 2025 | |
$ | 5,464,011 | |
| Ending balance, Fair Value | |
$ | 5,464,011 | |
The
following table presents a roll-forward of digital assets for the year ended December 31, 2024, based on the cost-impairment model under
ASC 350:
| | |
Cost Basis | |
| Balance as of December 31, 2023 | |
$ | 585,632 | |
| Beginning balance, Cost Basis | |
$ | 585,632 | |
| | |
| | |
| Revenue recognized from Bitcoin mined (85.92 Bitcoin) | |
| 5,186,606 | |
| Revenue recognized from Bitcoin mined | |
| 5,186,606 | |
| Digital assets collected from membership revenue | |
| 1,522,692 | |
| Purchase of digital assets | |
| 6,458,234 | |
| Proceeds from sale of digital assets | |
| (758,516 | ) |
| Operating expenses paid with digital assets | |
| (11,873,555 | ) |
| Dividends paid via digital assets | |
| (171,611 | ) |
| Debt extinguished in exchange for digital assets | |
| (274,041 | ) |
| Realized gain (loss) on sale of digital assets | |
| 452,450 | |
| Balance as of December 31, 2024 | |
$ | 1,127,891 | |
| Ending balance, Cost Basis | |
$ | 1,127,891 | |
|