Digital Assets - Roll forward of AVAX (Details) - USD ($) |
3 Months Ended | 9 Months Ended |
|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2026 |
|
| Roll forward | ||
| Realized loss on digital assets | $ (25,160,024) | $ (35,656,518) |
| Ending balance | 145,488,349 | 145,488,349 |
| AVAX | ||
| Roll forward | ||
| Beginning balance | 167,093,560 | |
| Partial contribution from Subscription agreements | 699,797 | |
| Digital assets received from staking rewards | 3,436,168 | |
| Fees paid in AVAX | (126,001) | |
| Deposits of AVAX staked into liquid staking activities | (27,511,488) | |
| Receipt of AVAX from redemption in liquid staking activities - sAVAX | 18,985,510 | |
| Receipt of AVAX from redemption in liquid staking activities - stAVAX | 11,569,313 | |
| Receipt of AVAX from redemption in liquid staking activities - sAVAX (rewards) | 250,294 | |
| Receipt of AVAX from redemption in liquid staking activities - stAVAX (rewards) | 660,693 | |
| Sales of AVAX | (15,291,527) | |
| Realized loss on digital assets | (38,699,853) | |
| Change in fair value of digital assets | 24,421,883 | |
| Ending balance | $ 145,488,349 | $ 145,488,349 |