Digital Assets Holdings (Tables)

9 Months Ended

Sep. 30, 2026

Digital Assets Holdings [Abstract]

Schedule of Digital Assets Holdings

The following table presents the Company’s significant digital assets holdings as of September 30, 2026:

		Quantity				Cost Basis				Fair Value
BTC			3.9			$	290			$	314
ETH			74,606.0				264,913				200,220
Total digital assets held as of September 30, 2026						$	265,203			$	200,534

Schedule of Based on the Fair Value Model

The following table presents a roll-forward of BTC for the nine months ended September 30, 2026, based on the fair value model under ASU 2023-08:

		Fair value
BTC fair value as of December 31, 2025		$	350
Receipt of BTC from mining services			8,098
Sales of BTC in exchange of cash			(6,072	)
Sales of BTC in exchange of USDC			(1,433	)
Payment of BTC for service charges from mining facilities			(363	)
Payment of BTC for other expenses			(3	)
Change in fair value of BTC			(263	)
BTC fair value as of September 30, 2026		$	314

The following table presents a roll-forward of ETH for the nine months ended September 30, 2026, based on the fair value model under ASU 2023-08:

		Fair value
ETH fair value as of December 31, 2025		$	415,384
Receipt of ETH from native staking business			4,228
Receipt of ETH from exchange of cash			20,000
Sales of ETH in exchange of LsETH			(167,928	)
Sales of ETH in exchange of cash			(5,855	)
Change in fair value of ETH			(65,609	)
ETH fair value as of September 30, 2026		$	200,220

The following table presents a roll-forward of our LsETH holdings for the nine months ended September 30, 2026, based on the cost less impairment model in accordance with ASC 350-30.

		Carrying Value
LsETH cost as of December 31, 2025		$	-
Receipt of LsETH in exchange of ETH			167,928
Receipt of LsETH from collateral receivable			101,672
Transfer from LsETH to collateral receivable			(138,775	)
Gain from exchange of LsETH			16,705
Impairment loss			(49,254	)
LsETH carrying value as of September 30, 2026		$	98,276

Schedule of Losses from the Sales of ETH

The following table presents the Company’s digital intangible assets holdings as of September 30, 2026.

		Quantity				Cost				Impairment				Carrying Value
LsETH			47,192			$	107,423			$	(9,147	)		$	98,276
Total digital intangible assets held as of September 30, 2026						$	107,423			$	(9,147	)		$	98,276