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Fair Value of Financial Assets and Liabilities (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2025 and December 31, 2024:

 

   Fair Value Measured at June 30, 2025     
   Balance at June 30,   Quoted prices in active markets  

Significant

other

observable

inputs

   Significant unobservable inputs 
   2025   (Level 1)   (Level 2)   (Level 3) 
Assets                
Crypto Assets  $39,425,635   $39,425,635   $-   $- 
Investments   350,000    -    -    350,000 
Total Assets  $39,775,635   $39,425,635   $-   $350,000 
Liabilities                    
Warrant Liabilities  $208,050   $-   $              -   $208,050 

 

   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 June 30, 2025 and December 31, 2024, is as follows:

 

   June 30, 2025   December 31, 2024 
Risk-free rate of interest   3.96%   4.16%
Expected volatility   159.46%   120.67%
Expected life (in years)   0.68    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 six months ended June 30, 2025 that are measured at fair value on a recurring basis:

 

  

Fair Value of

Level 3 Financial

Assets

 
   June 30, 
   2025 
Beginning balance  $100,000 
Purchases   250,000 
Unrealized appreciation (depreciation)   - 
Ending balance  $350,000 

 

   Fair Value of Level 3 Financial Liabilities 
   June 30, 
   2025 
Beginning balance  $267,900 
Fair value adjustment of warrant liabilities   (59,850)
Ending balance  $208,050