| Schedule of Assigned Level for Each Asset and Liability Held at Fair Value |
The
table below shows the assigned level for each asset and liability held at fair value by the Group:
Schedule of Assigned Level for Each Asset and Liability Held at Fair Value
| Fair
value hierarchy |
|
Level
1 |
|
|
Level
2 |
|
|
Level
3 |
|
|
Total |
|
| As
of June 30, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Recurring
fair value measurements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible
notes |
|
$ |
- |
|
|
|
- |
|
|
$ |
20,059 |
|
|
$ |
20,059 |
|
| Warrant
liability |
|
|
6,145,450 |
|
|
|
- |
|
|
|
- |
|
|
|
6,145,450 |
|
| As
of December 31, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Recurring
fair value measurements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible
notes |
|
|
- |
|
|
|
- |
|
|
|
129,017,286 |
|
|
|
129,017,286 |
|
| Warrant
liability |
|
|
890,000 |
|
|
|
- |
|
|
|
- |
|
|
|
890,000 |
|
|
The
table below shows the assigned level for each asset and liability held at fair value by the Group:
Schedule
of Assigned Level for Each Asset and Liability Held at Fair Value
| Fair value hierarchy | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| As of December 31, 2025 | |
| | | |
| | | |
| | | |
| | |
| Recurring fair value measurements | |
| | | |
| | | |
| | | |
| | |
| Digital Assets | |
| - | | |
| - | | |
| - | | |
| - | |
| Convertible notes | |
| - | | |
| - | | |
$ | 129,017,286 | | |
$ | 129,017,286 | |
| Warrant liability | |
$ | 890,000 | | |
| | | |
| | | |
$ | 890,000 | |
| As of December 31, 2024 | |
| | | |
| | | |
| | | |
| | |
| Recurring fair value measurements | |
| | | |
| | | |
| | | |
| | |
| Digital assets | |
$ | 721,664 | | |
| - | | |
| - | | |
$ | 721,664 | |
|
| Schedule of Convertible Notes Including Fair Value Adjustments |
Schedule
of Convertible Notes Including Fair Value Adjustments
| Level 3 December 2025 Convertible Notes | |
For the Six Months Ended
June 30, 2026 | |
| Balance at January 1, 2026 | |
| 129,017,286 | |
| Fair value adjustments recognized in earnings | |
| 470,668,608 | |
| Contractual interest expense recognized before conversion | |
| 2,081,202 | |
| Conversions into common shares | |
| (602,870,303 | ) |
| Effect of currency translation | |
| 1,123,267 | |
| Balance at June 30, 2026 | |
| 20,059 | |
|
|