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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
[1]
Cash Flows from Operating Activities:    
Net income from continuing operation $ 295,122,702 $ 13,991,362
Net income from discontinued operation 6,296
Fair value gain on digital assets (430,398,332) (17,899,568)
Deferred tax expenses 90,244,207 2,666,078
Share-based compensation expense 44,367,409
Changes in Operating Assets and Liabilities:    
Accounts receivables 1,730,253 1,000,000
Prepayments and other current assets (306,720)
Accounts payable (730,000) (800,000)
Director fee payable (707,113) 92,000
Contract liabilities 3,370,542
Accrued expense and other payable 965,983 943,832
Net cash flows provided by continued operating activities: 3,658,931
Net cash flows provided by discontinued operating activities:
Net cash flows provided by operating activities: 3,658,931
Cash flow from Investing activities:    
Net cash flows provided by continued investing activities:
Net cash flows provided by discontinued investing activities:
Net cash flows provided by investing activities:
Cash flow from financing activities:    
Net proceeds from issuance of common shares and pre-funded warrants from securities purchase agreement 8,030,250
Net cash flows provided by continued financing activities 8,030,250
Net cash flows provided by discontinued financing activities:
Net cash flows provided by financing activities: 8,030,250
Change in Cash and Cash Equivalents: 11,689,181
Cash and Cash Equivalents, Beginning of the Period 668,387 668,387
Cash and Cash Equivalents, End of the Period 12,357,568 668,387
Supplemental Cash Flow Information:    
Cash paid for interest
Cash paid for income taxes
Supplemental disclosure of non-cash financing activities:    
Issuance of common stock to acquire digital assets 145,958,167
Advance payment for acquisition of digital assets 12,125,500
Received of operating assets and repayment of liabilities through former executives and other third parties 1,243,690 512,808
Repayment of other payable through issuance of common stock 1,380,000
Repayment of former executives through issuance of common stock $ 594,140
[1] In July 2024, the Company dissolved its subsidiary, WeTrade Technology (Shanghai) Co., Ltd. in the PRC, which qualified as a discontinued operation under ASC 205-20. The Company retrospectively adjusted the above comparative statements of cash flows for the nine months ended September 30, 2024. (Note 18)