What changed in this filing

/stocks — the workspaceLOADING

Item 4. Controls and Procedures

2025-11-12 compared with 2025-08-14 · 20 added, 23 removed, 3 unchanged (93% of the section changed)

1 unchanged sentence

of Disclosure and Control Procedures

designing and evaluating the disclosure controls and procedures, our management recognizes that any controls and procedures, no

matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.

Company’s Chief Executive Officer and the Company’s Chief Financial Officer evaluated the effectiveness of the

Company’s disclosure controls and procedures as of June 30, 2025 and concluded that the Company’s disclosure

controls and procedures are effective.

The term disclosure controls and procedures means controls and other procedures that are

designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the

Securities Exchange Act of 1934, as amended (the “Exchange Act”), is accumulated, recorded, processed, summarized and

communicated to the Company’s management, including its principal executive and principal financial officers, or persons

performing similar functions, as appropriate to allow timely decisions regarding required disclosure to be reported within the time

periods specified in the SEC’s rules and forms.

Company’s management, with the participation of the Co-Chief Executive Officers and Chief Financial Officer, after evaluating the

effectiveness of the Company’s “disclosure controls and procedures” (as defined in Rules 13a-15(e) and 15d-15(e) under

the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this report, have concluded that our disclosure

controls and procedures are effective and are designed to ensure that the information we are required to disclose is recorded, processed,

summarized and reported within the necessary time periods.

Our disclosure controls and procedures include, without limitation, controls

and procedures designed to ensure that information required to be disclosed by us in reports that we file or submit pursuant to the Securities

Exchange Act of 1934, as amended, is accumulated and communicated to our management, including our Chief Executive Officer and Chief

Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

in Internal Control over Financial Reporting

the three months ended June 30, 2025, beginning with the implementation of our ETH treasury strategy, we implemented new internal

controls surrounding the acquisition, safeguarding, custody, accounting and reporting of our digital assets.

Other than these new

controls over our digital assets, there have been no significant changes in our internal control over financial reporting (as

defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the three and six months ended June 30, 2025, that have

materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Company’s management has concluded its internal control over financial reporting was effective as of the end of the period

covered by this report.

The Company continues to monitor and assess its internal controls related to digital asset transactions and reporting,

and will continue to evaluate the effectiveness of these controls as the business evolves.

The Company’s management is committed

to ensuring the effectiveness of its internal controls and compliance with applicable regulatory requirements.

During the second quarter of 2025, we began the implementation of our ETH

Treasury Management Strategy (“ETH Strategy”), as further described in Notes 1 and 3 to the accompanying condensed

consolidated financial statements, included in Item 1 of this quarterly report, and accordingly have implemented new and additional

internal controls surrounding the acquisition, safeguarding, custody, accounting and reporting of our digital assets.

continue to implement and enhance policies, processes, people, technology and operations related to our ETH Treasury Management Strategy

and will continue to evaluate the impact of any related changes to internal controls over financial reporting during

the remainder of the year.

Other than the changes related to the ETH Strategy described above, there were no changes in the

Company’s internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f)) during

the quarter ended September 30, 2025 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over

financial reporting.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 4. Controls and Procedures