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RECEIVABLE FOR BITCOIN COLLATERAL, NET
 6 Months Ended
Jun. 30, 2025
RECEIVABLE FOR BITCOIN COLLATERAL, NET  
RECEIVABLE FOR BITCOIN COLLATERAL, NET

5.RECEIVABLE FOR BITCOIN COLLATERAL, NET

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As of December 31, 2024

    

As of June 30, 2025

Receivables for bitcoin collateral

 

84,838,573

 

418,282,382

Less: allowance for receivables for bitcoin collateral

 

(302,006)

 

(1,549,364)

Total receivable for bitcoin collateral, net

 

84,536,567

 

416,733,018

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