The following discussion about our market risk exposures involves forward-looking statements. Actual results could differ materially from those projected in our forward-looking statements. For more information regarding the forward-looking statements used in this section and elsewhere in this Quarterly Report, see the “Cautionary Note Regarding Forward-Looking Statements” at the forepart of this Quarterly Report. Risk Regarding the Price of Bitcoin and Energy Our business and development strategy is focused on maximizing revenue and profitability of our bitcoin mining fleet. As of June 30, 2026, our digital asset balance was comprised of 2 bitcoin recorded at its fair value of $133,000, all of which were produced from our bitcoin mining operations. We cannot predict the future market price of bitcoin, the future value of which will affect revenue from our operations, and any future declines in the fair value of the bitcoin we mine and hold for our account would be reported in our financial statements and results of operations as a charge against net income, which could have a material adverse effect on the market price for our securities. A 10% increase or decrease in both the price of bitcoin produced during the six months ended June 30, 2026 and the fair value of bitcoin as of June 30, 2026 would have increased or decreased net loss by approximately $2.6 million. A 10% increase or decrease in power prices during the six months ended June 30, 2026 would have increased or decreased net loss by approximately $1.5 million.