| DIGITAL ASSETS |
DIGITAL ASSETS The following table sets forth the units held, cost basis, and fair value of bitcoin (“BTC”), ETH, and other digital assets held, as shown on the balance sheet as of May 31, 2026: | | | | | | | | | | | | | | | | | | | | | | | Units | | Cost Basis | | Fair Value | | Bitcoin | | 203 | | | $ | 22,223 | | | $ | 14,948 | | | Ether | | 5,416,945 | | | 19,052,159 | | | 10,855,537 | | | Other digital assets | | 282,901 | | | — | | | 1,449 | | | TOTAL | | 5,700,049 | | | $ | 19,074,382 | | | $ | 10,871,934 | |
The following table presents a reconciliation of digital assets held as of May 31, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Bitcoin | | Ethereum | | Other digital assets | | | | | Balance | | Quantity | | Balance | | Quantity | | Balance | | Quantity | | Total | | Fair value, beginning balance - August 31, 2025 | | $ | 20,920 | | | 192 | | | $ | 8,260,610 | | | 1,874,927 | | | $ | — | | | — | | | $ | 8,281,530 | | | Revenue received from mining and staking | | 845 | | | 11 | | | 53,387 | | | 23,582 | | | — | | | — | | | 54,232 | | | Purchases | | 350 | | | 3 | | | 11,573,152 | | | 3,518,278 | | | 1,471 | | | 481,739 | | | 11,574,973 | | | Additions from acquisition | | — | | | — | | | 514 | | | 242 | | | 818 | | | 5,265,611 | | | 1,332 | | | Sales | | — | | | — | | | (241) | | | (84) | | | (840) | | | (5,464,449) | | | (1,081) | | | Cryptocurrency used to pay expenses | | (319) | | | (3) | | | (195) | | | — | | | — | | | — | | | (514) | | | Change in the fair market value | | (6,848) | | | — | | | (9,031,690) | | | — | | | — | | | — | | | (9,038,538) | | | Fair value, ending balance - May 31, 2026 | | $ | 14,948 | | | 203 | | | $ | 10,855,537 | | | 5,416,945 | | | $ | 1,449 | | | 282,901 | | | $ | 10,871,934 | |
Cost basis is equal to the cost of the digital asset, net of any transaction fees, if any, at the time of purchase or upon receipt.
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