v3.26.1
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

As of June 30, 2026, the following financial assets and liabilities were measured at fair value on a recurring basis presented on the Company’s condensed consolidated balance sheet:

 

             
   Fair Value Measurements Using     
   Level 1   Level 2   Level 3   Total 
                 
Assets                    
Cash  $12,071,008   $-   $-   $12,071,008 
USDC   12    -    -    12 
USDT   8    -    -    8 
Digital commodities   109,960,300    -    -    109,960,300 
Digital commodities, Locked SOL   -    34,321,893    -    34,321,893 
                     
Total assets measured at fair value  $122,031,328   $34,321,893   $-   $156,353,221 
                     
Liabilities                    
Warrant liability   -    49,531    -    49,531 
                     
Total liabilities measured at fair value  $-   $49,531   $-   $49,531 

 

 

As of December 31, 2025, the following financial assets and liabilities were measured at fair value on a recurring basis presented on the Company’s condensed consolidated balance sheet:

 

             
   Fair Value Measurements Using     
   Level 1   Level 2   Level 3   Total 
                 
Assets                    
Cash  $10,382,745   $-   $-   $10,382,745 
USDC   1    -    -    1 
USDT   1    -    -    1 
Digital commodities   177,425,549    -    -    177,425,549 
Digital commodities, Locked SOL   -    72,685,576    -    72,685,576 
                     
Total assets measured at fair value  $187,808,296   $72,685,576   $-   $260,493,872 
                     
Liabilities                    
Warrant liability   -    97,450    -    97,450 
                     
Total liabilities measured at fair value  $-   $97,450   $-   $97,450