v3.26.1
Income Tax Expenses (Tables)
 6 Months Ended
Jun. 30, 2026
Income Tax Expenses [Abstract]  
Schedule of Current and Deferred Portions of Income Tax Expense

The current and deferred portions of income tax expense included in the consolidated statements of comprehensive loss are as follows:

 

    For the Three Months ended
June 30,		     For the Six Months ended
June 30,		  
    2026     2025     2026     2025  
Current income tax expense   $ -     $ -     $ -     $ -  
Deferred income tax (benefit) expense     (13,229,758 )     31,519,811       (40,524,270 )     82,940,684  
Total   $  (13,229,758 )   $  31,519,811     $  (40,524,270 )   $  82,940,684  
Schedule of (Loss) Income before Income Tax

The (loss) income before income tax for domestic and foreign component’s were as follows:

 

    For the Three Months ended
June 30,		     For the Six Months ended
June 30,		  
    2026     2025     2026     2025  
US   $ (42,942,430 )   $ 150,094,338     $ (176,088,673 )   $ 394,955,636  
Hongkong and BVI     -       -       -       -  
Total   $  (42,942,430 )   $  150,094,338     $  (176,088,673 )   $  394,955,636  
Schedule of Components of Deferred Tax Assets and Deferred Tax Liabilities

The principal components of deferred tax assets and deferred tax liabilities are as follows: 

 

   

As of

June 30,

2026

    

As of

December 31,

2025

  
Deferred tax liabilities            
Fair value gain of Bitcoin   $ 35,371,589     $      69,946,762  
Less: Net operating loss carry forward     (11,279,517 )     (5,330,420 )
Total deferred tax liabilities   $  24,092,072     $ 64,616,342