| Schedule of Crypto Asset Loans |
Crypto asset loans as of June 30, 2026 (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loan(6) | Draw Date | Principal Outstanding as of 12.31.25 | Amount Borrowed | Amount Repaid | Realized Gain (Loss) | Principal Outstanding as of 6.30.26 | Unrealized Gain (Loss) | Interest Rate | Interest Expense(4) | Interest Payable(5) | 5,000 BTC(1) | 12/29/2022 | $ | 237,077 | | $ | — | | $ | 119,208 | | $ | (90,260) | | $ | 56,830 | | $ | 151,298 | | 4.0% | $ | 2,399 | | $ | 6 | | | 500 BTC | 5/11/2023 | 43,571 | | — | | — | | — | | 29,276 | | 14,295 | | 4.0% | 734 | | 3 | | | 340 BTC | 10/31/2023 | 10,748 | | — | | — | | — | | 7,222 | | 3,526 | | 5.0% | 226 | | 1 | | 1,275 BTC(2) | 7/24/2025 | 111,105 | | — | | 74,654 | | 76,306 | | — | | (39,854) | | 4.3% | 1,980 | | — | | 822 BTC(3) | 3/18/2026 | — | | 58,571 | | 48,129 | | 10,442 | | — | | — | | 4.0% | 668 | | — | | | 2,825 BTC | 6/30/2026 | — | | 165,409 | | — | | — | | 165,409 | | — | | 4.0% | 18 | | 18 | | | Total | | 402,501 | | 223,980 | | 241,991 | | (3,512) | | 258,737 | | 129,265 | | | 6,025 | | 28 | | | __________________ | (1) 1,750 bitcoin ("BTC") were repaid during the six months ended June 30, 2026. (2) 1,275 bitcoin were repaid during the six months ended June 30, 2026. (3) 822 bitcoin were repaid during the six months ended June 30, 2026. (4) Prior year interest accrued of $1.4 million was paid during the six months ended June 30, 2026. (5) Outstanding interest balances payable to WCF are included in Related party loans on the condensed consolidated balance sheets as of June 30, 2026. (6) 4,419 bitcoin and 0 ether were outstanding as of June 30, 2026. |
Crypto asset loans as of December 31, 2025 (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loan(14) | Draw Date | Principal Outstanding as of 12.31.24 | Amount Borrowed | Amount Repaid | Realized Gain (Loss) | Principal Outstanding as of 12.31.25 | Unrealized Gain (Loss) | Interest Rate | Interest Expense(12) | Interest Payable(13) | 5,000 BTC(1) | 12/29/2022 | $ | 290,929 | | $ | — | | $ | 39,204 | | $ | (32,663) | | $ | 237,077 | | $ | 47,312 | | 4.0% | $ | 11,619 | | $ | 823 | | 2,000 BTC(2) | 3/1/2023 | 102,516 | | — | | 132,164 | | (106,357) | | — | | 76,710 | | 4.0% | 3,220 | | — | | 35,000 ETH(3) | 3/1/2023 | 88,234 | | — | | 116,333 | | (72,828) | | — | | 44,729 | | 4.0% | 2,442 | | — | | 500 BTC | 5/11/2023 | 46,683 | | — | | — | | — | | 43,571 | | 3,112 | | 4.0% | 2,031 | | 151 | | 340 BTC(4) | 10/31/2023 | 31,745 | | — | | 24,482 | | (16,892) | | 10,748 | | 13,407 | | 5.0% | 1,546 | | 47 | | 5,200 ETH(5) | 1/27/2025 | — | | 16,544 | | 19,493 | | (2,949) | | — | | — | | 4.3% | 251 | | — | | 3,000 ETH(6) | 2/7/2025 | — | | 7,867 | | 11,369 | | (3,502) | | — | | — | | 4.3% | 141 | | — | | 5,280 ETH(7) | 2/28/2025 | — | | 11,696 | | 19,271 | | (7,575) | | — | | — | | 4.3% | 192 | | — | | 3,400 ETH(8) | 3/10/2025 | — | | 6,338 | | 8,417 | | (2,079) | | — | | — | | 4.3% | 51 | | — | | 86 BTC(9) | 3/11/2025 | — | | 7,130 | | 8,871 | | (1,740) | | — | | — | | 4.3% | 60 | | — | | 2,500 ETH(10) | 3/28/2025 | — | | 4,739 | | 6,189 | | (1,450) | | — | | — | | 4.3% | 27 | | — | | 10,000 ETH(11) | 4/7/2025 | — | | 15,525 | | 24,756 | | (9,231) | | — | | — | | 4.0% | 79 | | — | | 1,275 BTC | 7/24/2025 | — | | 150,959 | | — | | — | | 111,105 | | 39,854 | | 4.3% | 2,538 | | 409 | | | Total | | 560,107 | | 220,798 | | 410,549 | | (257,266) | | 402,501 | | 225,124 | | | 24,197 | | 1,430 | | | __________________ | (1) 395 bitcoin was repaid during the year ended December 31, 2025. (2) 1,098 bitcoin was repaid during the year ended December 31, 2025. (3) 26,629 ether ("ETH") was repaid during the year ended December 31, 2025. (4) 217 bitcoin was repaid during the year ended December 31, 2025. (5) 5,200 ether was repaid during the year ended December 31, 2025. (6) 3,000 ether was repaid during the year ended December 31, 2025. (7) 5,280 ether was repaid during the year ended December 31, 2025. (8) 3,400 ether was repaid during the year ended December 31, 2025. (9) 86 bitcoin was repaid during the year ended December 31, 2025. (10) 2,500 ether was repaid during the year ended December 31, 2025. (11) 10,000 ether was repaid during the year ended December 31, 2025. (12) Prior year interest accrued of $2.1 million was paid during the year ended December 31, 2025. (13) Outstanding interest balances payable to WCF are included in Related party loans on the condensed consolidated balance sheets as of December 31, 2025. (14) 4,619 bitcoin and 0 ether were outstanding as of December 31, 2025. |
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