v3.26.1
DIGITAL ASSETS
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
DIGITAL ASSETS

NOTE 3 — DIGITAL ASSETS

 

As part of its strategic realignment completed in the fourth quarter of 2025, the Company began acquiring digital assets for investment purposes and for use within its programmable technology infrastructure platform.

 

The Company holds digital assets consisting of cryptocurrencies, stablecoins, and other blockchain-based tokens, as detailed below.

 

Significant Holdings

 

As of June 30,2026, the Company’s significant digital asset holdings consisted of the following:

 

   Units Held   Cost Basis   Fair Value 
Cardano ADA (ADA)   214,323   $134,404   $30,905 
Native BNB (BSC)   1,308    1,356,162    713,784 
Bitcoin (BTC)   46    4,943,027    2,703,136 
Ethereum (ETH)   616    2,307,312    966,791 
ChainLink (LINK)   19,404    338,489    139,457 
Solana (SOL)   6,659    1,188,004    489,427 
Tron (TRX)   531,334    163,542    167,317 
USD Tether (USDT)   2,087    2,085    2,085 
Ripple (XRP)   1    3    1 
Total       $10,433,028   $5,212,903 

 

Digital Asset Activity

 

The following table summarizes digital asset activity for the period indicated, including cost basis, fair value at the time of sale, realized and unrealized losses, and the fair value of outstanding digital assets as of June 30,2026,:

 

      
Balance at December 31, 2025  $10,250,497 
Additions(1)   338,102 
Dispositions(1)   (2,107,911)
Gains(2)   364,931 
Losses(2)   (3,294,877)
Payments made   (337,839)
Balance at June 30, 2026  $5,212,903 

 

(1) Additions represent purchases of crypto assets held for investment, dispositions represent liquidation of crypto assets held for investment
(2)

The Company measures gains and losses by each asset held. These amounts include cumulative unrealized gains of $364,931, realized losses of $398,720, and unrealized losses of $2,896,157 during the six months ended June 30,2026

 

There were no digital assets held during the six months ended June 30, 2025.

 

The Company measures digital assets at fair value in accordance with ASC 820, Fair Value Measurement.

 

Fair value is determined using quoted prices in active markets for identical assets (Level 1 inputs). The Company utilizes pricing information provided by the principal market, which is based on observable market prices from active trading exchanges.