XML 37 R30.htm IDEA: XBRL DOCUMENT v3.24.1.u1
5. BITCOIN (Tables)
 6 Months Ended
Mar. 31, 2024
Common Domain Members [Abstract]  
Schedule of Company's Bitcoin Holdings

The following table presents the Company's bitcoin holdings as of March 31, 2024 and September 30, 2023:

 

 

 

As of

 

Bitcoin holdings

 

March 31, 2024

 

 

September 30, 2023 (unaudited)

 

Number of bitcoin held

 

 

5,021

 

 

 

2,243

 

Cost basis - per bitcoin

 

$

41,886

 

 

$

25,074

 

Fair value - per bitcoin

 

$

71,291

 

 

$

26,961

 

Cost basis of bitcoin (in '000s)

 

$

210,324

 

 

$

56,241

 

Fair value of bitcoin (in '000s)

 

$

357,981

 

 

$

60,424

 

 
Schedule of Activities of The Bitcoin

The following table presents information based on the activity of bitcoin for the six months ended March 31, 2024:

 

 ($ in thousands)

 

 

 

Balance as of September 30, 2023

 

$

56,241

 

Cumulative effect of the adoption of ASC 350-60

 

 

4,183

 

Adjusted beginning balance - at fair value

 

$

60,424

 

Addition of bitcoin from mining activities

 

 

185,585

 

Bitcoin sold & issued for services and purchase of software

 

 

(43,771

)

Gains from fair value adjustments

 

 

155,743

 

Balance as of March 31, 2024

 

$

357,981