v3.26.1
DIGITAL ASSETS
 3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
DIGITAL ASSETS

NOTE 3 — DIGITAL ASSETS

 

As part of its strategic realignment completed in the fourth quarter of 2025, the Company began acquiring digital assets for investment purposes and for use within its programmable technology infrastructure platform.

 

The Company holds digital assets consisting of cryptocurrencies, stablecoins, and other blockchain-based tokens, as detailed below.

 

Significant Holdings

 

As of March 31, 2026, the Company’s significant digital asset holdings consisted of the following:

 

   Units Held   Cost Basis   Fair Value 
Cardano ADA (ADA)   214,323   $134,404   $51,866 
Native BNB (BSC)   1,308    1,356,162    806,949 
Bitcoin (BTC)   46    4,943,027    3,150,211 
Ethereum (ETH)   616    2,307,312    1,296,074 
ChainLink (LINK)   19,404    338,489    170,251 
Solana (SOL)   6,659    1,188,004    553,152 
Tron (TRX)   531,334    163,542    166,414 
USD Tether (USDT)   2,087    2,085    2,349 
Ripple (XRP)   1    3    1 
Total       $10,433,028   $6,197,267 

 

Digital Asset Activity

 

The following table summarizes digital asset activity for the period indicated, including cost basis, fair value at the time of sale, realized and unrealized losses, and the fair value of outstanding digital assets as of March 31, 2026:

 

      
Balance at December 31, 2025  $10,250,497 
Additions(1)   338,102 
Dispositions(1)   (2,107,911)
Gains(2)   364,027 
Losses(2)   (2,309,609)
Payments made   (337,839)
Balance at March 31, 2026  $6,197,267 

 

(1) Additions represent purchases of crypto assets held for investment, dispositions represent liquidation of crypto assets held for investment
(2) The Company measures gains and losses by each asset held. These amounts include cumulative unrealized gains of $364,027, realized losses of $398,720, and unrealized losses of $1,910,889 during the three months ended March 31, 2026

 

There were no digital assets held during the three months ended March 31, 2025.

 

The Company measures digital assets at fair value in accordance with ASC 820, Fair Value Measurement.

 

Fair value is determined using quoted prices in active markets for identical assets (Level 1 inputs). The Company utilizes pricing information provided by the principal market, which is based on observable market prices from active trading exchanges.