Digital Asset Holdings Summary for 2025 and 2024
sec.gov/Archives/edgar/data/2096362/000149315226008887/forms-1a.htm uses active exchanges, which it considers Level 1 inputs within the ASC 820 fair value hierarchy. As of December 31, 2025 and 2024, all fair values disclosed were based on Level 1 inputs. restrictions related to collateral pledged to market-maker service providers in connection with exchange liquidity arrangements. yet been realized through settlement or conversion. No digital assets were subject to contractual sale restrictions as of December 31, The Company engages in transactions involving digital assets, which may be received as consideration for services, validator node the Company recognizes a gain or loss on digital assets. Such gains represent the difference between the fair value of consideration USDC, while not all USDC is converted into cash in the same period, amounts reported as gain on digital assets may differ from the For the year ended December 31, 2025, the Company recorded a cost basis of $61,850 for the digital assets sold, resulting in net gain assets sold, resulting in gain on digital assets of $3,610,672. https://www.sec.gov/Archives/edgar/data/2096362/000149315226008887/forms-1a.htm