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Income Tax Expenses (Tables)
3 Months Ended
Mar. 31, 2026
Income Tax Expenses [Abstract]  
Schedule of Current and Deferred Portions of Income Tax Expense

The current and deferred portions of income tax expense included in the consolidated statements of comprehensive loss are as follows:

 

   For the Three Months ended
March 31,
 
   2026   2025 
Current income tax expense  $
-
   $
-
 
Deferred income tax (benefit) expense   (27,294,512)   51,420,873 
Total  $(27,294,512)  $51,420,873 
Schedule of (Loss) Income before Income Tax

The (loss) income before income tax for domestic and foreign component’s were as follows:

 

   For the Three Months ended
March 31,
 
   2026   2025 
US  $(133,146,243)  $244,861,298 
Hongkong and BVI   
-
    
-
 
Total  $(133,146,243)  $244,861,298 
Schedule of Effective Tax Rate The following table reconciles the statutory rate to the Company’s effective tax rate.
   For the Three Months ended
March 31,
 
   2026   2025 
US Statutory income tax rates   21.0%   21.0%
Share-based compensation expense   (0.5)%   
-
%
Effective income tax rate   20.5%   21.0%
Schedule of Components of Deferred Tax Assets and Deferred Tax Liabilities

The principal components of deferred tax assets and deferred tax liabilities are as follows: 

 

   As of
March 31,
2026
   As of
December 31,
2025
 
Deferred tax liabilities        
Fair value gain of Bitcoin  $43,379,426   $69,946,762 
Less: Net operating loss carry forward   (6,057,596)   (5,330,420)
Total deferred tax liabilities  $37,321,830   $64,616,342