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PREPAYMENTS AND OTHER CURRENT ASSETS, NET (Tables)
6 Months Ended
Jun. 30, 2025
PREPAYMENTS AND OTHER CURRENT ASSETS, NET  
Summary of prepayments and other current assets, net

    

As of December 31, 2024

    

As of June 30, 2025

Receivable for disposal discontinued operations

141,303,073

Service deposit made to mining machine hosting service provider

45,613,121

Prepaid mining machine hosting expenses

25,004,141

37,667,248

Prepayments for vehicles

1,227,324

Interest receivables

1,877,373

Others

84,695

739,681

Prepayments and other current assets

26,966,209

226,550,447

Less: allowance for prepayments and other current assets

(377,885)

Prepayments and other current assets, net

26,966,209

226,172,562