v3.26.1
Nature of Operations - Schedule of Segment Reporting Information (Details) - USD ($)
$ in Thousands
 1 Months Ended 4 Months Ended 11 Months Ended
Jun. 06, 2025
Apr. 30, 2025
Apr. 30, 2026
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Total revenue, net $ 2,928 $ 27,992 $ 26,407
Cost of revenue (2,002) (18,013) (18,536)
Unrealized gain (loss) on digital assets     (130,315)
Realized gain (loss) on digital assets     (1,293)
Other income from Airdrops     7,863
Advertising and marketing expense (63) (622) (5,131)
Compensation expense (431) (4,950) (8,329)
Management fees to affiliate     (5,010)
Professional and contractor fees (135) (704) (5,799)
Equity-based compensation     (77)
Gain from change in fair value of warrant liabilities     282,920
Interest expense and other income, net     (822)
Other segment expenses (276) (2,996) (27,005)
Income (loss) from operations before provision for income taxes 21 707 114,873
Total Assets 9,191 9,044 337,846
Operating Segments | Retail and Industry      
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Total revenue, net 2,928 27,992 26,407
Cost of revenue (2,002) (18,013) (18,536)
Unrealized gain (loss) on digital assets     0
Realized gain (loss) on digital assets     0
Other income from Airdrops     0
Advertising and marketing expense (63) (622) (193)
Compensation expense (431) (4,950) (5,374)
Management fees to affiliate     0
Professional and contractor fees (135) (704) (535)
Equity-based compensation     (34)
Gain from change in fair value of warrant liabilities     0
Interest expense and other income, net     (822)
Other segment expenses (276) (2,996) (4,937)
Income (loss) from operations before provision for income taxes 21 707 (4,024)
Total Assets 9,191 9,044 16,910
Operating Segments | BNB Treasury Management      
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Total revenue, net 0 0 0
Cost of revenue 0 0 0
Unrealized gain (loss) on digital assets     (130,315)
Realized gain (loss) on digital assets     (1,293)
Other income from Airdrops     7,863
Advertising and marketing expense 0 0 0
Compensation expense 0 0 (245)
Management fees to affiliate     (5,010)
Professional and contractor fees 0 0 (208)
Equity-based compensation     0
Gain from change in fair value of warrant liabilities     0
Interest expense and other income, net     0
Other segment expenses 0 0 (272)
Income (loss) from operations before provision for income taxes 0 0 (129,480)
Total Assets 0 0 320,597
Corporate      
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]      
Total revenue, net 0 0 0
Cost of revenue 0 0 0
Unrealized gain (loss) on digital assets     0
Realized gain (loss) on digital assets     0
Other income from Airdrops     0
Advertising and marketing expense 0 0 (4,938)
Compensation expense 0 0 (2,710)
Management fees to affiliate     0
Professional and contractor fees 0 0 (5,056)
Equity-based compensation     (43)
Gain from change in fair value of warrant liabilities     282,920
Interest expense and other income, net     0
Other segment expenses 0 0 (21,796)
Income (loss) from operations before provision for income taxes 0 0 248,377
Total Assets $ 0 $ 0 $ 339