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

6. DIGITAL ASSETS

 

Digital assets consist of the following at June 30, 2026:

 

   June 30, 2026 
   Quantity   Fair Value 
         
Worldcoin (WLD) – Level 1   283,452,700   $115,095,969 
Ethereum (ETH) – Level 1   16,278    25,997,668 
Stablecoins (USDC, USDT) – Level 1   86,917,449    86,917,449 
Total digital assets, at fair value       $228,011,086 

 

Digital assets consist of the following at December 31, 2025:

 

    December 31, 2025  
    Quantity     Fair Value  
             
Worldcoin (WLD) – Level 1     277,222,975     $ 133,080,890  
Ethereum (ETH) – Level 1     11,068       32,838,381  
Stablecoins (USDC, USDT) – Level 1     9,982,374       9,982,374  
Total digital assets, at fair value           $ 175,901,645  

 

The Company’s digital assets are held with third-party custodians and institutional trading counterparties. These arrangements expose the Company to counterparty, concentration, and safeguarding risks, including technological, operational, and cybersecurity risks. The Company does not hold digital assets on behalf of third parties.

 

The changes in the carrying amount of digital assets for the period from January 1, 2026 through June 30, 2026 consisted of the following:

 

Beginning balance, December 31, 2025  $175,901,645 
Purchases of digital assets   89,286,578 
Realized/unrealized gains (losses)   (37,177,137)
Sales of digital assets   - 
   $228,011,086 

 

The following table presents the Company’s digital asset holdings by token, including cost basis, fair value, and unrealized gains (losses) as of June 30, 2026:

 

   Cost Basis   Fair Value  

Cumulative

Unrealized Gain (Loss)

 
             
Token:               
WLD  $322,721,512   $115,095,969   $(207,625,543)
ETH   32,922,751    25,997,668    (6,925,083)
USDC / USDT   86,917,449    86,917,449    - 
Total  $442,561,712   $228,011,086   $(214,550,626)

 

Unrealized gains (losses) represent the difference between the original cost basis and the fair value of each token as of the consolidated balance sheet date, based on the closing market price of each respective digital asset.

 

 

EIGHTCO HOLDINGS INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)