| Digital Assets |
Note
3 – Digital Assets
The
following table presents the Company’s significant digital assets holdings as of June 30, 2026:
Schedule
of Digital Assets Holdings
| | |
Quantity | | |
Cost Basis | | |
Fair Value | |
| Dogecoin | |
| 21,691,484 | | |
$ | 2,786,002 | | |
$ | 1,561,476 | |
| Bitcoin | |
| 72 | | |
| 5,750,791 | | |
| 4,234,714 | |
| Litecoins | |
| 3,395 | | |
| 267,611 | | |
| 142,176 | |
| Other | |
| 14,196,757 | | |
| 47,368 | | |
| 46,705 | |
| Total | |
| | | |
$ | 8,851,772 | | |
$ | 5,985,071 | |
The
following table presents the Company’s significant digital assets holdings as of December 31, 2025:
| | |
Quantity | | |
Cost Basis | | |
Fair Value | |
| Dogecoin | |
| 20,974,425 | | |
$ | 4,217,383 | | |
$ | 2,460,255 | |
| Bitcoin | |
| 19.11 | | |
| 2,001,246 | | |
| 1,671,955 | |
| Litecoins | |
| 3,198 | | |
| 279,023 | | |
| 245,508 | |
| Other | |
| 191,738,575 | | |
| 56,973 | | |
| 52,484 | |
| Total | |
| | | |
$ | 6,554,625 | | |
$ | 4,430,202 | |
The
following table summarizes the Company’s digital asset activity for the six months indicated:
Schedule of Digital Assets
| | |
Six
Months Ended
June 30, | |
| | |
2026 | |
| Digital assets, December 31, 2025 | |
$ | 4,430,202 | |
| Digital asset mining revenue | |
| | |
| Dogecoin | |
| 98,194 | |
| Bitcoin | |
| 3,978,676 | |
| Litecoins | |
| 15,930 | |
| Other litecoins | |
| 187 | |
| Digital asset sales | |
| (56,520 | ) |
| Net unrealized and realized loss, digital assets | |
| (2,481,598 | ) |
| Digital assets, June 30, 2026 | |
$ | 5,985,071 | |
The
following table presents a roll-forward of Bitcoin (“BTC”) for the six months ended June 30, 2026, based on the fair value
model under ASU 2023-08:
Schedule
of Digital Asset Roll Forward
| | |
Fair Value | |
| BTC as of December 31, 2025 | |
$ | 1,671,955 | |
| Receipt of BTC from mining services | |
| 3,978,676 | |
| Proceeds from sale of BTC | |
| (39,543 | ) |
| Change in fair value of BTC | |
| (1,376,374 | ) |
| BTC as of June 30, 2026 | |
$ | 4,234,714 | |
The
following table presents a roll-forward of Dogecoin for the six months ended June 30, 2026, based on the fair value model under ASU 2023-08:
Schedule
of Digital Asset Roll Forward
| | |
Fair Value | |
| Dogecoin as of December 31, 2025 | |
$ | 2,460,255 | |
| Receipt of Dogecoin from mining services | |
| 98,194 | |
| Proceeds from sale of Dogecoin | |
| (15,780 | ) |
| Change in fair value of Dogecoin | |
| (981,193 | ) |
| Dogecoin as of June 30, 2026 | |
$ | 1,561,476 | |
|