v3.25.2
FAIR VALUE OPTION (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Option
The Company elected the fair value option for certain eligible assets. The following table summarizes the financial instruments for which the fair value option has been elected:
(in thousands)June 30, 2025
December 31, 2024
Assets
Digital financial assets$369,649 $359,665 
Investments
629,548 558,093 
Total
$999,197 $917,758 
Schedule of Realized and Net Change in Unrealized Gains Losses The following table presents the realized and net change in unrealized gains / (losses) on the financial instruments on which the fair value option was elected:
Three Months Ended June 30,
20252024
(in thousands)Realized Gains / (Losses)Net Change in Unrealized Gains / (Losses)Realized Gains / (Losses)Net Change in Unrealized Gains / (Losses)
Investments$(4,400)$64,831 $2,127 $(53,425)
Six Months Ended June 30,
20252024
(in thousands)Realized Gains / (Losses)Net Change in Unrealized Gains / (Losses)Realized Gains / (Losses)Net Change in Unrealized Gains / (Losses)
Investments$32,512 $(30,063)$3,202 $106,673