v3.26.1
Digital Assets
 12 Months Ended
Dec. 31, 2025
Digital Assets [Abstract]  
Digital assets
7. Digital assets

 

   As of
December 31,		   As of
December 31,		 
   2024   2025 
   US$’000   US$’000 
BTC   1,085    2,462 
DOGE   
-
    157 
ETH   
-
    4,921 
LTC   -    33 
Total   1,085    7,573 

Additional information about digital assets:

 

For the year ended December 31, 2025, the Company generated digital assets through mining services, including bitcoin, Dogecoin and Litecoin, and also acquired digital assets through purchases, including Ethereum. The following table presents additional information about digital assets for the years ended December 31, 2025 and 2024, respectively:

 

   As of
December 31,		   As of
December 31,		 
   2024   2025 
   US$’000   US$’000 
Opening balance   436    1,085 
Receipt of digital assets from mining services   1,190    1,790 
Receipt of digital assets from hosting services   
-
    450 
Purchases of digital assets   
-
    7,001 
Conversions among digital assets and stablecoins   (662)   (2,641)
Borrowed from third party / repaid to a third party   121    (130)
Others   
-
    18 
Ending balance   1,085    7,573 

 

For the years ended December 31, 2023, 2024 and 2025, the Group recognized impairment losses of nil against bitcoins.