Quarterly report [Sections 13 or 15(d)]

DIGITAL ASSETS (Tables)

v3.26.1
DIGITAL ASSETS (Tables)
3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
SCHEDULE OF UNITS HELD, COST BASIS, AND FAIR VALUE

The following tables present the units held, cost basis, and fair value of native BERA and BERA-equivalent digital assets as of March 31, 2026 and December 31, 2025, respectively, in thousands except for tokens: 

 

Period   BERA-Equivalent Tokens     Cost Basis (USD)     Fair Value (USD)  
March 31, 2026     77,712,731     $ 68,678     $ 34,232  
December 31, 2025     51,659,913     $ 58,262     $ 36,555  
SCHEDULE OF CRYPTOCURRENCY ACTIVITIES

    Digital Assets  
Balance as of December 31, 2025   $ 36,555  
Staking revenue     417  
Digital assets acquired from October 2025 PIPE     59,539  
Purchases of BERA and BERA-equivalent digital assets    

10,129

 
Change in fair value     (12,869 )
Balance at March 31, 2026   $ 34,232  

 

    Digital Assets  
Balance as of December 31, 2024   $

 
Digital assets acquired from October 2025 PIPE     59,539  
Purchases of BERA and BERA-equivalent digital assets     8,163  
Change in fair value     (31,147 )
Balance at December 31, 2025   $ 36,555  

SCHEDULE OF COMPANY’S RESTRICTED AND UNRESTRICTED BERA-EQUIVALENT HOLDINGS, INCLUDING UNITS HELD AND FAIR VALUE

    BERA-Equivalent Tokens     USD     BERA- Equivalent Tokens     USD  
    As of March 31, 2026     As of December 31, 2025  
    BERA-Equivalent Tokens     USD     BERA- Equivalent Tokens     USD  
Restricted Tokens     39,714,869     $ 17,494      

    $  
Unrestricted Tokens     37,997,862       16,738       51,659,913       36,555  
Total intangible digital assets     77,712,731     $ 34,232       51,659,913     $ 36,555