v3.26.1
DIGITAL ASSETS
6 Months Ended
Mar. 31, 2026
Digital Assets  
DIGITAL ASSETS

14. DIGITAL ASSETS

 

During the six months ended March 31, 2026, the Company purchased digital assets from BitGo Trust Company, a digital asset infrastructure and financial services company. The table below summarizes the amounts shown on the Company’s consolidated balance sheet as of March 31, 2026.

 

   March 31, 2026 (Unaudited) 
   Units   Cost Basis   Fair Value 
Digital assets held:               
Bitcoin   13.25   $899,578   $904,424 

 

Bitcoin does not represent cash, cash equivalents, or a stablecoin, and it is not redeemable or convertible on a dollar-for-dollar basis with any fiat currency. The value of Bitcoin is not fixed and is subject to market volatility, with prices determined by supply and demand in active trading markets. As of March 31, 2026, no impairment or downward revaluation was recognized.

 

The following represents the changes in quantity of bitcoin and the respective fair value:

   Bitcoin   Fair Value 
Beginning balance as of October 1, 2025   -   $- 
Bitcoin purchased   14.64    1,000,000 
Bitcoin sold   (1.39)   (100,422)
Net realized gain on investments in bitcoin   -    4,846 
Ending balance as of March 31, 2026   13.25   $904,424