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Cryptocurrencies | 12 Months Ended
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Dec. 31, 2024
Cryptocurrencies [Abstract] |
Cryptocurrencies |
6. | Cryptocurrencies
The following table presents the Company’s significant cryptocurrencies holdings as of December 31, 2024:
|  | Quantity |  |  | Cost Basis |  |  | Fair Value |
Bitcoin |  |  | 361 |  |  |  | 256,709,226 |  |  |  | 242,889,018 |
USDT |  |  | 9 |  |  |  | 67 |  |  |  | 67 |
Total cryptocurrencies held as of December 31, 2024 |  |  |  |  |  |  | 256,709,293 |  |  |  | 242,889,085 |
The following table presents a roll-forward of the Company’s cryptocurrencies holdings during the year ended December 31, 2024:
|  | Bitcoin Fair Value |  |  | USDT Fair Value |
|  | RMB |  |  | RMB |
Cryptocurrencies at December 31, 2023 |  |  | — |  |  |  | — |
Additions of cryptocurrencies: |  |  |  |  |  |  |  |
Purchases |  |  | 249,257,750 |  |  |  | — |
Acquired through issuance of ordinary shares |  |  | 7,451,476 |  |  |  | 28,842,982 |
Disposition of cryptocurrencies |  |  | — |  |  |  | (28,842,915 | )
Unrealized loss on cryptocurrencies |  |  | (15,744,170 | ) |  |  | — |
Foreign currency translation adjustment |  |  | 1,923,962 |  |  |  | — |
Cryptocurrencies at December 31, 2024 |  |  | 242,889,018 |  |  |  | 67 |

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