v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 163,929,162 $ 5,623,944
Digital assets 488,026,791 516,153,485
Accounts receivable, net 255,000 354,772
Prepayments 2,079,866 1,999,213
Total current assets 654,290,819 524,131,414
Non-current assets:    
Investment in associate company
Total non-current assets
Total assets 654,290,819 524,131,414
Current liabilities:    
Accounts payable 1,293,500 751,322
Income tax payable 130,415 130,415
Contract liability 2,850,000
Accrued expense and other payable 650,876 2,393,667
Total current liabilities 5,891,417 3,935,663
Non-current liabilities:    
Deferred tax liabilities 51,875,985 64,616,342
Total non-current liabilities 51,875,985 64,616,342
Total liabilities 57,767,402 68,552,005
Stockholders’ Equity:    
Common stock: $0.0000 par value per share; 2,580,947 and 48,826 issued and outstanding as of September 30, 2026 and December 31,2025, respectively [1]
Additional paid-in capital 476,642,379 303,245,965
Retained earnings 119,881,038 152,333,444
Total Stockholders’ Equity 596,523,417 455,579,409
Total Liabilities and Stockholders’ Equity 654,290,819 524,131,414
Related Party    
Current liabilities:    
Amount due to related parties $ 966,626 $ 660,259
[1] On August 10, 2026, the Company effected a 100-for-1 reverse stock split of its common stock, resulting in the consolidation of every one hundred issued and outstanding shares into one share. The reverse stock split reduced the number of outstanding shares from approximately 147,296,192 to approximately 1,472,962. As a result of rounding up fractional shares, the Company issued an additional 34,485 shares, resulting in 1,507,447 shares outstanding immediately following the reverse stock split.