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Property and Equipment
6 Months Ended
Jun. 30, 2025
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following:

 

   June 30,
2025
   December 31,
2024
 
Office equipment  $186,600   $186,600 
Computer software   141,337    141,337 
Bitcoin mining equipment   8,425,000    8,425,000 
Building   409,296    409,296 
Construction in process   2,383,396    2,383,396 
Total   11,545,629    11,545,629 
Less accumulated depreciation   (8,674,877)   (8,291,590)
Property and Equipment, net  $2,870,752   $3,254,039 

 

Depreciation expense for the three and six months ended June 30, 2025 was $124,938 and $383,287, respectively.

 

Depreciation expense for the three and six months ended June 30, 2024 was $843,671 and $1,593,191, respectively