v3.26.3
Summary of significant accounting policies (Tables)
6 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of financial instruments recorded at fair value

The following tables present the Company’s fair value hierarchy for its financial assets and liabilities that are measured at fair value on a recurring basis and indicate the level within the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value (in thousands):

 

                 
   Fair Value Measurements at December 31, 2025 
   Level 1   Level 2   Level 3   Total 
Assets:                    
Digital Assets (Refer Note 5)  $50,672,418   $-   $-   $50,672,418 
Investment   1,400    -    -    1,400 
Assets  $50,673,818   $-   $-   $50,673,818 
                     
Liabilities:                    
Convertible Notes at Fair Value (Refer Note 10)  $-   $-   $44,736,545   $44,736,545 
Liabilities  $-   $-   $44,736,545   $44,736,545 

 

                         
    Fair Value Measurements at June 30, 2025 
    Level 1     Level 2     Level 3     Total  
Assets:                                
Digital Assets (Refer Note 5)   $ -     $ -     $ -     $ -  
Investments     -       -         -       -  
Assets   $ -     $ -     $ -     $ -  
                                 
Liabilities:                                
Convertible Notes at Fair Value (Refer Note 10)   $  -     $  -       $ -     $ -  
Liabilities   $ -     $ -     $ -     $ -  
Schedule of convertible notes payable, at fair value

The following table shows the change in the fair value of the Convertible Notes measured at Fair Value:

 

Schedule of convertible notes payable, at fair value

   Convertible Note payable at fair value 
     
Balance as of June 30, 2024  $- 
Issuance of convertible notes at fair value   - 
Gain on extinguishment of debt recorded as a capital transaction   - 
Change in fair value of related party note and convertible notes at fair value   - 
Balance as of June 30, 2025  $- 
      
Balance as of June 30, 2025  $- 
Issuance of convertible notes at fair value   63,700,000 
Change in fair value of Convertible Notes at Fair Value   (2,632,901)
Conversion into common stock   (16,330,554)
Balance as of December 31, 2025  $44,736,545 
Schedule of significant inputs and results arising from the monte carlo simulation process for the convertible notes at fair values

Schedule of significant inputs and results arising from the monte carlo simulation process for the convertible notes at fair values

   Inception Date   Inception Date   Inception Date 
   September 23, 2025   October 8, 2025   November 7, 2025 
   Note   Note   Note 
Underlying market price on valuation date  $4,264   $2,969   $665 
Effective contractual conversion rates  $4,654   $3,036   $913 
Contractual term to maturity   2 Years    2 Years    2 Years 
Market volatility:               
Volatility   174.05%   173.15%   172.75%
Discount rate   16.79%   16.84%   16.81%
Risk-free rate   3.53%   3.58%   3.55%

 

   Period Ended 
   December 31, 2025 
Underlying market price on valuation date  $74.34 
Effective contractual conversion rates   $913 - 4,654 
Contractual term to maturity   1.73 - 1.85 Years 
Market volatility:     
Volatility   171.03 - 172.25% 
Discount rate   16.73%
Risk-free rate   3.47%

Schedule of common stock equivalents

Schedule of common stock equivalents

         
   December 31, 
   2025   2024 
Convertible notes payable   60,679    - 
Total common stock equivalents   60,679    -