v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 5,623,944 $ 668,387
Digital assets 516,153,485 78,322,430
Accounts receivable, net 354,772 1,800,000
Prepayments and prepaid expenses 1,999,213 12,125,500
Total current assets 524,131,414 92,916,317
Non-current assets:    
Investment in associate company
Total non-current assets
Total assets 524,131,414 92,916,317
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 751,322 730,000
Income tax payable 130,415 130,415
Accrued expense and other payables 2,393,667 1,221,337
Total current liabilities 3,935,663 3,053,752
Non-current liabilities:    
Deferred tax liabilities 64,616,342 8,234,503
Total non-current liabilities 64,616,342 8,234,503
Total liabilities 68,552,005 11,288,255
Stockholders’ Equity:    
Common stock: no par value; 4,882,556 and 34,882 issued and outstanding on December 31, 2025 and 2024, respectively [1]
Additional paid-in capital 303,245,965 71,718,790
Retained earnings 152,333,444 9,909,272
Total Stockholders’ Equity 455,579,409 81,628,062
Total Liabilities and Stockholders’ Equity 524,131,414 92,916,317
Related Party    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Amount due to related parties $ 660,259 $ 972,000
[1] On September 16, 2025, the Company effected a 200-for-1 reverse stock split of its common stock, resulting in the consolidation of every two hundred issued and outstanding shares into one share. The reverse stock split reduced the number of outstanding shares from approximately 566,265,135 to approximately 2,862,556.