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Fair Value of Financial Assets and Liabilities (Tables)
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities Valued on Recurring Basis

The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis and the Company’s estimated level within the fair value hierarchy of those assets and liabilities as of March 31, 2025 and December 31, 2024:

 

   Fair Value Measured at March 31, 2025     
  

Balance at

March 31,

   Quoted prices in active markets   Significant other observable inputs   Significant unobservable inputs 
   2025   (Level 1)   (Level 2)   (Level 3) 
Assets                
Crypto Assets  $20,133,572   $20,133,572   $-   $- 
Investments   350,000    -    -    350,000 
Total Assets  $20,483,572   $20,133,572   $-   $350,000 
Liabilities                         
Warrant Liabilities  $42,750   $-   $-   $42,750 

 

   Fair Value Measured at December 31, 2024     
  

Balance at

December 31,

   Quoted prices in active markets   Significant other observable inputs   Significant unobservable inputs 
   2024   (Level 1)   (Level 2)   (Level 3) 
Assets                
Crypto Assets  $36,056,683   $36,056,683   $-   $- 
Investments   100,000    -    -    100,000 
Total Assets  $36,156,683   $36,056,683   $-   $100,000 
Liabilities                         
Warrant Liabilities  $267,900   $-   $-   $267,900 
Summary of Valuation Methodology and Significant Unobservable Inputs Warrant Liabilities

A summary of quantitative information with respect to the valuation methodology and significant unobservable inputs used for the Company’s warrant liabilities that are categorized within Level 3 of the fair value hierarchy at the date of issuance and, as of March 31, 2025 and December 31, 2024, is as follows:

 

   March 31, 2025   December 31, 2024 
Risk-free rate of interest   4.03%   4.16%
Expected volatility   116.29%   120.67%
Expected life (in years)   0.93    1.17 
Expected dividend yield   -    - 
Schedule of Changes in Fair Value and Other Adjustments of Warrants

The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial assets and liabilities for the three months ended March 31, 2025 and 2024, that are measured at fair value on a recurring basis:

 

   Fair Value of Level 3 Financial Assets 
   March 31,   March 31, 
   2025   2024 
Beginning balance  $100,000    100,000 
Purchases   250,000    - 
Unrealized appreciation (depreciation)   -    - 
Ending balance  $350,000   $100,000 

 

   Fair Value of Level 3 Financial Liabilities 
   March 31,   December 31,  
   2025   2024 
Beginning balance  $267,900   $213,750 
Fair value adjustment of warrant liabilities   (225,150)   54,150 
Ending balance  $42,750   $267,900