v3.26.3
DIGITAL ASSETS
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
DIGITAL ASSETS

9. DIGITAL ASSETS

 

Digital assets consist of the following:

 

  

September 30,

2026

  

December 31,

2025

 
   US$   US$ 
Filecoin   102,077    122,638 
Bitcoin   841,404    875,250 
Solana   119,018    124,740 
Total digital assets  $1,062,499   $1,122,628 

 

The following table presents the quantity of each type of digital asset held by the Company and the corresponding market value used to determine the fair value of such digital assets as of September 30, 2026 and December 31, 2025. The quantities and market values presented below are based on the digital assets held by the Company as of the respective reporting dates.

 

      As of September 30, 2026   As of December 31, 2025 
  

Custodial

platforms

  Quantity held   Cost basis   Fair value   Quantity held   Cost basis   Fair value 
Filecoin  BitGo   0.979    1    1    0.979    1    1 
Filecoin  Coinbase   97858.35132    205,731    102,076    94810.22031    202,875    122,637 
Bitcoin  BitGo   10.00994    1,216,774    841,404    10.00994    1,216,774    875,250 
Solana  BitGo   1000.0004711    125,828    119,018    1000.0004711    125,828    124,740 
Total digital assets          $1,548,334   $1,062,499        $1,545,478   $1,122,628 

 

The Company determines the fair value of its digital assets based on the quantities held and quoted market prices reported by the custodial platforms on which the respective digital assets are held, including BitGo and Coinbase, as of each reporting date. The fair value of each digital asset is determined by multiplying the quantity held by the applicable quoted market price reported by the respective custodial platform.

 

For digital assets received by the Company, the initial cost basis is determined based on the quoted market price reported by the applicable custodial platform on the date the digital asset is received. Subsequent to initial recognition, digital assets are remeasured at fair value at each reporting date, with changes in fair value recognized in earnings.

 

The movement of the digital assets for the three and nine months ended September 30, 2026 and 2025 is as follows:

 

                 
  

For the three months ended

September 30,

  

For the nine months ended

September 30,

 
   2026   2025   2026   2025 
Beginning balance   738,653    74,209    1,122,628    156,623 
Received   —    1,216,774    2,968    1,216,783 
Gain/loss on market price changes   323,846    (78,157)   (63,098)   (160,580)
Others   —    —    1    — 
Ending balance  $1,062,499   $1,212,826   $1,062,499   $1,212,826 

 

 

CHAINCE DIGITAL HOLDINGS INC.

(FORMERLY KNOWN AS MERCURITY FINTECH HOLDING INC.)

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

(In U.S. dollars, except for number of shares and per share data)