Balance, January 1, 2026

—

Bitcoin purchased

68.49

5,000

Option premiums settled in Bitcoin

3.12

70

Bitcoin delivered on calls exercised in the money

(1.82

)

(124

)

Fair value remeasurement, net (including value of May-June in-kind premiums)

—

(828

)

Balance, June 30, 2026 (at $59,007.48 per Bitcoin)

69.78

4,118