v3.26.1
WLFI Treasury Program
 3 Months Ended
Mar. 28, 2026
Intangible Asset, Goodwill and Other [Abstract]  
WLFI Treasury Program

Note 9: WLFI Treasury Program

 

The WLFI treasury program was initiated on August 12, 2025, with purchases executed in two tranches at $0.20 per token:

 

  ● Tranche 1: 3,750,000,000 WLFI tokens
     
  ●

Tranche 2: 3,584,000,000 WLFI tokens (adjusted slightly from initial 3,750,000,000 to reflect final settlement after expenses from the proceeds of the financing completed in August 2025 (~7.3% of supply).

 

All acquisitions were executed through on-chain transactions and direct Token Purchase Agreements with the WLFI Foundation. The Company did not hold any WLFI tokens prior to August 12, 2025.

 

 

The outstanding units, cost basis, and fair value as of March 28, 2026 were as follows (in $000’s, except for units):

 

   Units   Cost Basis   Fair Value 
Balance, March 28, 2026:               
WLFI   7,283,585,650   $1,456,717   $706,362 
Total   7,283,585,650   $1,456,717   $706,362 

 

The following table presents a reconciliation of WLFI assets to fair value as of March 28, 2026 (in $000’s):

 

   March 28, 2026 
Fair value, December 27, 2025  $1,054,663 
Additions   - 
Redemptions   - 
Fees paid   - 
Subtotal   1,054,663 
Unrealized loss   348,301 
Fair value, March 28, 2026  $706,362 

 

During the 13 weeks ended March 28, 2026, the Company recognized an unrealized loss of approximately $348.3 million related to the change in fair value of the tokens.