Investments in Digital Commodities (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Intangible Asset, Goodwill and Other [Abstract] |
|
| Schedule of Digital Commodities Held for Investment |
The
following table summarizes digital commodities held for investment:
Schedule
of Digital Commodities Held for Investment
| | |
March 31, 2026 | |
| | |
Units | | |
Cost Basis | | |
Fair Value | |
| SOL | |
| 2,009,494 | | |
$ | 386,288,639 | | |
$ | 162,490,273 | |
| | |
December 31, 2025 | |
| | |
Units | | |
Cost Basis | | |
Fair Value | |
| SOL | |
| 2,077,799 | | |
$ | 403,063,288 | | |
$ | 250,111,125 | |
|
| Schedule of Losses (Gains) On Digital Commodities and Revenue from Staking |
The
following table summarizes the Company’s digital commodity purchases, losses (gains) on digital commodities, and revenue from staking
received for the three months ended March 31, 2026. 100,000 SOL were sold during the three months ended March 31, 2026 to fund operations.
Schedule
of Losses (Gains) On Digital Commodities and Revenue from Staking
| | |
Three months ended March 31, 2026 | |
| Digital Commodity Units | |
SOL | | |
Cost Basis $ USD | | |
Realized Loss | |
| Beginning digital commodities | |
| 2,077,799 | | |
$ | 403,063,288 | | |
| | |
| Dispositions of digital commodities | |
| (100,000 | ) | |
| (20,078,557 | ) | |
| (10,789,841 | ) |
| Staking rewards received | |
| 31,695 | | |
| 3,303,908 | | |
| | |
| Ending Digital Commodities | |
| 2,009,494 | | |
| 386,288,639 | | |
| | |
| Unrealized loss | |
| - | | |
| (223,798,365 | ) | |
| | |
| Ending Digital Commodities | |
| 2,009,494 | | |
$ | 162,490,274 | | |
| | |
|
| Schedule of Solana Tokens Held Broken Out by Liquid and Locked |
The
following table summarizes the composition of SOL held broken out by liquid and locked as of March 31, 2026 and December 31, 2025:
Schedule of Solana Tokens Held Broken Out by Liquid and Locked
| Number of SOL units | |
March 31, 2026 | | |
December 31, 2025 | |
| Liquid SOL | |
| 1,428,918 | | |
| 1,427,857 | |
| Locked SOL | |
| 580,576 | | |
| 649,942 | |
| Total | |
| 2,009,494 | | |
| 2,077,799 | |
|
| Schedule of Sol tokens Fiscal Year Maturity |
The
following table summarizes the unlocking schedule of SOL tokens currently locked as of March 31, 2026 and December 31, 2025:
Schedule
of Sol tokens Fiscal Year Maturity
| Locked
SOL Maturity | |
March
31, 2026 | | |
December
31, 2025 | |
| Through
Year End 2026 | |
| 233,622 | | |
| 307,728 | |
| Through
Year End 2027 | |
| 318,860 | | |
| 314,510 | |
| Through
Year End 2028 | |
| 28,094 | | |
| 27,704 | |
| Total | |
| 580,576 | | |
| 649,942 | |
|