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Prepayments consisted of the following:
| | |
As of December 31, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Prepayment
to suppliers (1) | |
| 21,569 | | |
| 18,833 | |
| Prepaid acquisition consideration
(2) | |
| 4,100 | | |
| 2,460 | |
| Others | |
| 373 | | |
| 358 | |
| Prepayments | |
| 26,042 | | |
| 21,651 | |
| (1) | Prepayment to suppliers primarily represents (i) hosting services fee, hash rate fee and other service fees prepaid to suppliers for which the relevant services have not been rendered; (ii) prepaid mining equipment procurement fee for which the equipment has not been delivered as of the year end. |
| (2) | In 2024 and 2025, the Company made prepayments for the acquisition of a mining facility. |
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