v3.26.1
Digital Assets
 12 Months Ended
Dec. 31, 2025
Digital Assets [Abstract]  
Digital assets
7. Digital assets

 

    As of
December 31,		     As of
December 31,		  
    2024     2025  
    US$’000     US$’000  
BTC     1,085       2,462  
DOGE     -       157  
ETH     -       4,921  
LTC     -       33  
Total     1,085       7,573  

Additional information about digital assets:

 

For the year ended December 31, 2025, the Company generated digital assets through mining services, including bitcoin, Dogecoin and Litecoin, and also acquired digital assets through purchases, including Ethereum. The following table presents additional information about digital assets for the years ended December 31, 2025 and 2024, respectively:

 

    As of
December 31,		     As of
December 31,		  
    2024     2025  
    US$’000     US$’000  
Opening balance     436       1,085  
Receipt of digital assets from mining services     1,190       1,790  
Receipt of digital assets from hosting services     -       450  
Purchases of digital assets     -       7,001  
Conversions among digital assets and stablecoins     (662 )     (2,641 )
Borrowed from third party / repaid to a third party     121       (130 )
Others     -       18  
Ending balance     1,085       7,573  

 

For the years ended December 31, 2023, 2024 and 2025, the Group recognized impairment losses of nil against bitcoins.