| Digital Assets |
8. Digital Assets The Company’s digital assets holdings consist of the following: | | | | | | As of
June 30, 2026 | | | | | | As of
December 31, 2025 | | | | | Units | | | Cost Basis | | | Fair Value | | | Units | | | Cost Basis | | | Fair Value | | | Bitcoin | | | 293.14 | | | $ | 24,403,008 | | | $ | 17,162,147 | | | | 210.82 | | | $ | 19,100,000 | | | $ | 18,450,362 | | | Other | | | 41,800,000 | | | | 3,245,480 | | | | 3,190,320 | | | | - | | | | - | | | | - | | | | | | | | | $ | 27,648,488 | | | $ | 20,352,467 | | | | | | | $ | 19,100,000 | | | $ | 18,450,362 | | The following table presents a reconciliation of the Company’s digital asset holdings: | | | Bitcoin | | | Other | | | Total | | | Balance, December 31, 2025 | | $ | 18,450,362 | | | $ | - | | | $ | 18,450,362 | | | Acquired in a business combination (Note 3) | | | 5,303,008 | | | | 3,245,480 | | | | 8,548,488 | | | Change in fair value | | | (6,501,540 | ) | | | - | | | | (6,501,540 | ) | | Changes in currency translation | | | (89,683 | ) | | | (55,160 | ) | | | (144,843 | ) | | Balance, June 30, 2026 | | $ | 17,162,147 | | | $ | 3,190,320 | | | $ | 20,352,467 | |
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