| Schedule of Digital Currencies Holdings |
The Corporation’s holdings of digital currencies
consist of the following:
| | |
As at
June 30,
2026 | | |
As at
December 31,
2025 | |
| Bitcoin | |
$ | 12,705,648 | | |
$ | 11,812,321 | |
| Ethereum | |
| 1,597,613 | | |
| 3,001,859 | |
| | |
$ | 14,303,261 | | |
$ | 14,814,180 | |
|
| Schedule of Continuity Digital currencies |
The continuity of digital currencies was as follows:
| |
|
Number of
Ethereum |
|
|
Amount |
|
|
Number of
Bitcoin |
|
|
Amount |
|
|
Total |
|
| Balance,
December 31, 2024 |
|
|
- |
|
|
$ |
- |
|
|
|
48 |
|
|
$ |
4,525,416 |
|
|
$ |
4,525,416 |
|
| Digital currencies mined |
|
|
7 |
|
|
|
27,128 |
|
|
|
34 |
|
|
|
3,496,250 |
|
|
|
3,523,378 |
|
| Digital currencies received from colocation services |
|
|
- |
|
|
|
- |
|
|
|
156 |
|
|
|
15,649,009 |
|
|
|
15,649,009 |
|
| Acquisition of digital currencies |
|
|
1,002 |
|
|
|
4,245,883 |
|
|
|
16 |
|
|
|
1,911,631 |
|
|
|
6,157,514 |
|
| Digital currencies traded for cash |
|
|
- |
|
|
|
- |
|
|
|
(111 |
) |
|
|
(10,972,014 |
) |
|
|
(10,972,014 |
) |
| Digital currencies paid for services |
|
|
- |
|
|
|
- |
|
|
|
(9 |
) |
|
|
(843,665 |
) |
|
|
(843,665 |
) |
| Digital currencies remitted as per Miner Agreement |
|
|
- |
|
|
|
- |
|
|
|
(1 |
) |
|
|
(145,199 |
) |
|
|
(145,199 |
) |
| Gain on sale of digital currencies |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
1,029,017 |
|
|
|
1,029,017 |
|
| Revaluation adjustment |
|
|
- |
|
|
|
(1,271,152 |
) |
|
|
- |
|
|
|
(2,838,124 |
) |
|
|
(4,109,276 |
) |
| Balance, June 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance, December 31, 2025 |
|
|
1,009 |
|
|
|
3,001,859 |
|
|
|
133 |
|
|
|
11,812,321 |
|
|
|
14,814,180 |
|
| Digital currencies mined and staked(1) |
|
|
8 |
|
|
|
18,969 |
|
|
|
3 |
|
|
|
190,180 |
|
|
|
209,149 |
|
| Digital currencies received from colocation services |
|
|
- |
|
|
|
- |
|
|
|
82 |
|
|
|
6,000,163 |
|
|
|
6,000,163 |
|
| Digital currencies paid for services |
|
|
- |
|
|
|
- |
|
|
|
(1 |
) |
|
|
(115,630 |
) |
|
|
(115,630 |
) |
| Gain on sale of digital currencies |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
2,418 |
|
|
|
2,418 |
|
| Revaluation adjustment |
|
|
- |
|
|
|
(1,423,215 |
) |
|
|
- |
|
|
|
(5,183,804 |
) |
|
|
(6,607,019 |
) |
| Balance, June 30, 2026 |
|
|
1,017 |
|
|
$ |
1,597,613 |
|
|
|
217 |
|
|
$ |
12,705,648 |
|
|
$ |
14,303,261 |
|
| (1) | During the six months ended June 30, 2026, the Corporation staked 8 Ethereum. |
|
| Schedule of Holdings Digital Currencies Consist |
The cost bases of the Corporation’s holdings
of digital currencies consist of:
| | |
As at
June 30,
2026 | | |
As at
December 31,
2025 | |
| Bitcoin | |
$ | 20,387,947 | | |
$ | 14,301,245 | |
| Ethereum | |
| 3,020,828 | | |
| 4,273,011 | |
| | |
$ | 23,408,775 | | |
$ | 18,574,256 | |
|