Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS (Details Narrative)

SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member] - RLOC Facility [Member] - USD ($)
$ in Millions
1 Months Ended
Nov. 09, 2022
Oct. 31, 2022
Subsequent Event [Line Items]    
Line of credit, description bitcoin prices declined to a new yearly low on concerns of financial instability in the crypto industry. As a result, the Company was required to provide an additional 1,669 bitcoin (valued at $16,212.50 per bitcoin) as collateral for its $50 million RLOC and $50 million term loan borrowings, bringing its total collateral balance to 9,490 bitcoin (approximately $153.9 million). The Company’s total bitcoin holdings as of November 9, 2022, are approximately 11,440 bitcoin, of which 1,950 (approximately $31.6 million) are unrestricted. the Company borrowed an additional $50 million under its RLOC facility for general corporate purposes and provided an additional 3,993 bitcoin as collateral for this borrowing. This increased the Company’s collateral balance to 7,821 bitcoin.
Credit facility   $ 50.0
Credit facility collateral $ 50.0  
Loan borrowings   $ 50.0
Collateral balance 153.9  
Unrestricted [Member]    
Subsequent Event [Line Items]    
Collateral balance $ 31.6