v3.26.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities    
Net income from continuing operation $ 143,164,948 $ 21,543,250
Net income from discontinuing operation 6,296
Share-based compensation 76,797,982
Fair value gain on digital assets (279,747,388) (43,184,854)
Impairment of long-term investment 13,396,000
Deferred income tax expenses 56,381,839 8,234,503
Changes in Operating Assets and Liabilities:    
Accounts receivable 1,445,228 (800,000)
Prepayments and prepaid expenses (1,999,213)
Accounts payable 21,322 (70,000)
Amount due to related parties (311,741) 168,000
Accrued expense and other payables 1,172,330 706,805
Net cash used in continuing operating activities: (3,074,693)
Net cash used in discontinuing operating activities:
Net cash used in operating activities: (3,074,693)
Cash Flows from Investing Activities    
Net cash used in continuing investing activities:
Net cash used in discontinuing investing activities:
Net cash used in investing activities:
Cash Flow from Financing Activities    
Proceeds from issuance of common stock for a third party investor 8,030,250
Net cash provided by continuing financing activities: 8,030,250
Net cash provided by discontinuing financing activities:
Net cash provided by financing activities: 8,030,250
Change in Cash and Cash Equivalents: 4,955,557
Cash and Cash Equivalents, Beginning of Year 668,387 668,387
Cash and Cash Equivalents, End of Year 5,623,944 668,387
Supplemental Cash Flow Information:    
Issuance of common stock to acquire digital assets 145,958,167
Advance payment for acquisition digital assets 12,125,500
Cash paid for interest
Cash paid for income taxes 1,904
Supplemental disclosure of non-cash financing activities:    
Repayment of other payable through issuance of common stocks 1,380,000
Repayment of former executives through issuance of common stocks 594,140
Receipt of operating assets and repayment of liabilities through former executives and other third parties $ 1,277,764 $ 477,817