Other Operating Gains/( Losses) (Tables)

12 Months Ended

Dec. 31, 2025

Coinshares International Limited [Member]

Other Operating Gains/( Losses) (Tables) [Line Items]

Schedule of Other Operating Gains/(Losses)

The other operating gains/(losses) consist of the following:

	For the Years Ended December 31,
(in thousands)	2025			2024			2023
Gain on digital asset payables/receivables	$	48,533		$	160,886		$	51,363
Gain/(loss) on derivatives		152,183			(148,689	)		(83,826	)
Gain of foreign exchange		11,529			6,942			3,935
(Loss)/gain on other operating activities		(246	)		696			162
Total other operating gains/(losses)	$	211,999		$	19,835		$	(28,366	)