Treasury Qualification
Treasury classificationBitcoin Miner with Strategic Holdings
Qualification tierCore Directory
Directory statusIncluded
Ownership statusJune 30 holdings are 11,380 BTC, including 5,821 owned pledged/restricted BTC and 5,559 unencumbered BTC. Decline reflects sales alongside mining. Disclosed 9,665 BTC sold is for the six months, not Q2 alone; sales supported operations and expansion. Benjamin Yi chair confirmation remains pending; no replacement or blanket re-verification is made.
Strategic intent
The company strategically retains mined Bitcoin while using part of its holdings in corporate financing arrangements.
Bitcoin Treasury
Last verified attributable BTC11,380 BTC
Balance dateJune 30, 2026
Estimated value$907,634,660BTC price retrieved: October 27, 2026 at 08:19 UTC
Average purchase priceNot disclosed
Included in totals
Verified at the stated balance date
Ownership and Restrictions
Component figures are shown only when separately disclosed and may overlap; they are not additive. Components refer to the eligible balance date unless dated otherwise in research notes. “Not separately disclosed” does not imply zero.
Total BTC reported11,380
Unencumbered / unrestricted5,559
Pledged as collateral5,821
Loaned to third parties0
Subsidiary-owned0
Other restricted owned BTC0
Latest Financial Results
Reporting period: Three months ended June 30, 2026
Revenue$174,235,000
Operating income/loss$-239,432,000
Net income/loss$-237,170,000
Cash$471,383,000
Management
- Chief executive officer
- Jason Les
- Chief financial officer
- Jason Chung
- Executive chair
- Benjamin Yi