v3.26.1
Digital Assets- Schedule of Digital Asset Holdings (Details)
$ in Thousands
 11 Months Ended
Apr. 30, 2026
USD ($)
token
Unrestricted  
Unrestricted, beginning balance $ 0
Purchases 380,857
PIPE Transaction 66,281
Airdrop income 7,863
Total additions 455,001
Sales (3,743)
Commission expense (28)
Total dispositions (3,771)
Unrealized losses (125,780)
Total unrealized gains (losses) (125,780)
Realized losses (1,293)
Total realized gains (losses) (1,293)
To restricted (21,512)
Conversions and other 0
Unrestricted, ending balance 302,645
Restricted  
Restricted, beginning balance 0
Purchases 0
PIPE Transaction 0
Airdrop income 0
Total additions 0
Sales 0
Commission expense 0
Total dispositions 0
Unrealized losses (4,535)
Total unrealized gains (losses) (4,535)
Realized losses 0
Total realized gains (losses) 0
To restricted 21,512
Conversions and other 0
Restricted, ending balance 16,977
Digital assets 319,622
BNB  
Unrestricted  
Unrestricted, beginning balance 0
Purchases 380,807
PIPE Transaction 0
Airdrop income 0
Total additions 380,807
Sales 0
Commission expense (28)
Total dispositions (28)
Unrealized losses (124,663)
Total unrealized gains (losses) (124,663)
Realized losses 0
Total realized gains (losses) 0
To restricted (21,512)
Conversions and other 65,675
Unrestricted, ending balance 300,279
Restricted  
Restricted, beginning balance 0
Purchases 0
PIPE Transaction 0
Airdrop income 0
Total additions 0
Sales 0
Commission expense 0
Total dispositions 0
Unrealized losses (4,535)
Total unrealized gains (losses) (4,535)
Realized losses 0
Total realized gains (losses) 0
To restricted 21,512
Conversions and other 0
Restricted, ending balance $ 16,977
Crypto asset, purchase, number of units | token 436,313
Digital assets $ 2,400
Airdrop income exchanged, number of units | token 4,932
Airdrop income exchanged $ 5,800
Crypto asset, conversions and other, number of units | token 79,261
Other Digital Assets  
Unrestricted  
Unrestricted, beginning balance $ 0
Purchases 50
PIPE Transaction 66,281
Airdrop income 7,863
Total additions 74,194
Sales (3,743)
Commission expense 0
Total dispositions (3,743)
Unrealized losses (1,117)
Total unrealized gains (losses) (1,117)
Realized losses (1,293)
Total realized gains (losses) (1,293)
To restricted 0
Conversions and other (65,675)
Unrestricted, ending balance 2,366
Restricted  
Restricted, beginning balance 0
Purchases 0
PIPE Transaction 0
Airdrop income 0
Total additions 0
Sales 0
Commission expense 0
Total dispositions 0
Unrealized losses 0
Total unrealized gains (losses) 0
Realized losses 0
Total realized gains (losses) 0
To restricted 0
Conversions and other 0
Restricted, ending balance $ 0
Crypto asset, airdrop income, number of units | token 49,497,601
Digital assets $ 7,900
BTC  
Unrestricted  
PIPE Transaction $ 6,500
Restricted  
Crypto asset, pipe transaction, number of units | token 55
USDT  
Unrestricted  
PIPE Transaction $ 59,800
Restricted  
Crypto asset, purchase, number of units | token 49,980
Crypto asset, pipe transaction, number of units | token 59,829,438