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Crypto Assets
6 Months Ended
Jun. 30, 2025
Other Liabilities Disclosure [Abstract]  
Crypto Assets

Note 4 – Crypto Assets

 

The following table presents the Company’s crypto assets held as of June 30, 2025:

 

Asset  Tokens   Cost   Fair Market Value 
Ethereum (ETH) (1)(2)   14,659   $26,893,611   $36,444,451 
Cosmos (ATOM)   355,813    5,394,231    1,458,228 
Solana (SOL)   7,247    521,625    1,122,321 
Avalanche (AVAX)   19,628    1,179,923    352,714 
BNB Chain (BNB)   68    48,246    44,864 
Rocket Pool (RPL)   609    6,749    3,057 
Total       $34,044,385   $39,425,635 

 

(1)   ETH holdings include 10,460 ETH staked to validator nodes with an approximate fair market value of $26,005,000.
(2)   ETH holdings also include 3,903 ETH deposited as collateral for borrowings through a DeFi protocol (Aave), with a fair market value of approximately $9,704,000. Although the deposited ETH remains in the Company’s wallets, it is subject to protocol-enforced restrictions while the related borrowing is outstanding.