v3.26.3
Investment in crypto assets-Bitcoin
6 Months Ended
Jun. 30, 2026
Investment in crypto assets-Bitcoin [Abstract]  
Investment in crypto assets-Bitcoin

8.          Investment in crypto assets-Bitcoin



Details of the Company’s Investment in crypto assets-Bitcoin is discussed in Note 8 to the Company’s consolidated financial statements for the year ended December 31, 2025, included in the 2025 Annual Report. The following table sets forth the units held, cost basis, and the fair value of its investments in crypto assets, as shown on the unaudited condensed consolidated balance sheets as of June 30, 2026:


   
Units
   
Cost basis
   
Fair value
 
Investment in crypto assets:
                 
Bitcoin
   
44.006
   
$
5,000,000
   
$
2,576,214
 
Total
   
44.006
   
$
5,000,000
   
$
2,576,214
 



The following table presents a reconciliation of the fair value of the Company’s investment in crypto assets- Bitcoin for the six months period ended June 30, 2026:


   
Investment in crypto assets-Bitcoin
 
Balance December 31, 2025
 
$
3,851,400
 
Change in fair value of crypto assets-Bitcoin
   
(1,275,186
)
Balance June 30, 2026
 
$
2,576,214
 



Bitcoin is included in current assets in the unaudited condensed consolidated balance sheets due to the Company’s ability to sell them in a highly liquid marketplace and its intent to liquidate its bitcoin to support operations when needed.