Consolidated Balance Sheets - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash	$ 17,032,748	$ 3,559,361
Prepaid expenses and other current assets	353,318	45,263
Deferred offering costs	(0)	117,000
Total current assets	17,386,066	3,721,624
Digital assets	501,760,369
Total assets	519,146,435	3,721,624
Current liabilities
Accounts payable	1,090,274	1,089,666
Accrued expenses	2,196,090	1,324,316
Total current liabilities	3,286,364	2,413,982
Deferred tax liability	117,934,191
Total liabilities	121,220,555	2,413,982
Commitments and contingencies (see Note 8)
Stockholders’ equity
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and December 31, 2024
Common stock, $0.0001 par value, 1,000,000,000 and 250,000,000 shares authorized as of December 31, 2025 and 2024, respectively, 37,112,466 shares and 1,973,999 shares issued and 37,112,220 shares and 1,973,753 shares outstanding as of December 31, 2025 and 2024, respectively	3,711	198
Additional paid-in capital	470,809,478	38,278,503
Accumulated deficit	(72,817,344)	(36,901,094)
Treasury stock, at cost, 246 shares held in treasury as of December 31, 2025 and 2024	(69,965)	(69,965)
Total stockholders’ equity	397,925,880	1,307,642
Total liabilities and stockholders’ equity	$ 519,146,435	$ 3,721,624

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).