v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 4 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2025
Jun. 30, 2026
Operating expenses:        
General and administrative $ 10,613,461 $ 399,082 $ 399,082 $ 21,077,349
Marketing and advertising 116,600 8,300 8,300 221,600
Total operating expenses 10,730,061 407,382 407,382 21,298,949
Loss from operations (10,730,061) (407,382) (407,382) (21,298,949)
Other (expense) income:        
Interest expense (1,333,003) (2,640,555)
Interest income 224 489
Gain on disposal of digital asset 3,180
Change in fair value of digital assets (401,476,433) (1,249,295,396)
Total other (expense) income, net (402,809,212) (1,251,932,282)
Net loss $ (413,539,273) $ (407,382) $ (407,382) $ (1,273,231,231)
Class A Common Stock        
Other (expense) income:        
Weighted average shares (in shares) 346,779,299 570,886 570,886 346,664,365
Basic net loss per common stock (in Dollars per share) $ (0.74) $ (0.36) $ (0.36) $ (2.26)
Diluted net loss per common stock (in Dollars per share) $ (0.74) $ (0.36) $ (0.36) $ (2.26)
Class B Common Stock        
Other (expense) income:        
Weighted average shares (in shares) 215,736,011 570,886 570,886 215,736,011
Basic net loss per common stock (in Dollars per share) $ (0.74) $ (0.36) $ (0.36) $ (2.26)
Diluted net loss per common stock (in Dollars per share) $ (0.74) $ (0.36) $ (0.36) $ (2.26)