v3.26.1
Digital Assets
 6 Months Ended
Jun. 30, 2026
Digital Assets [Abstract]  
Digital Assets

Note 5. Digital Assets

 

Digital assets consisted of the following:

 

   As of June 30, 2026 
   Quantity   Cost basis   Fair value 
Ethereum - ETH Tokens   33.91    149,156   $53,366 
Total digital assets - restricted   33.91   $149,156   $53,366 

 

   As of December 31, 2025 
   Quantity   Cost basis   Fair value 
Ethereum - ETH Tokens   33.00   $146,596   $97,912 
Total digital assets - restricted   33.00   $146,596   $97,912 

The following table presents a roll-forward of total digital assets for the three and six months ended June 30, 2026:

 

Balance at March 31, 2026  $70,121 
Digital assets earned in the period   904 
Unrealized loss on digital assets   (17,659)
Balance at June 30, 2026  $53,366 
      
Balance at December 31, 2025  $97,912 
Digital assets earned in the period   1,570 
Unrealized loss on digital assets   (46,116)
Balance at June 30, 2026  $53,366 

 

For the three and six months ended June 30, 2026, respectively, the unrealized loss on the ETH Tokens was offset by the change in the fair value of the demand notes requiring repayment of the donated tokens. See Note 14.

 

The ETH Tokens are held with restriction but can be released within three days of notice of repayment by either the Company or the related parties.