v3.25.2
LOANS RECEIVABLE (Tables)
6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of Loans Receivable, Current And Non-Current
Loans Receivable, Current and Non-current
(in thousands)
June 30, 2025
December 31, 2024
Loans receivable$529,396 $476,620 
Loans receivable, non-current6,675 — 
Less: allowance for credit loss(375)— 
Loans receivable, current and non-current
$535,696 $476,620 
(in thousands)June 30, 2025December 31, 2024
Loans payable $348,214 $510,718 
(in thousands)
June 30, 2025
December 31, 2024
Assets posted as collateral — Digital assets
$219,121 $194,306 
Less: Allowance for credit losses(633)(554)
Assets posted as collateral associated with digital asset loans payable
$218,488 $193,752 
Schedule of Outstanding Loans Receivable to be Repaid
Loans receivable are scheduled to be repaid during the following periods:
(in thousands)Amounts
2025479,271 
202650,911 
20271,088 
20282,938 
20291,188 
2030300 
Loans receivable, current and non-current
$535,696 
Schedule of Collateral Payable Associated With Loans Receivable, Current
Collateral Payable Associated with Loans Receivable, Current and Non-current
(in thousands)
June 30, 2025
December 31, 2024
Collateral payable — Digital assets
$689,136 $620,633 
Collateral payable — Cash
294 — 
Collateral payable associated with loans receivable, current and non-current
$689,430 $620,633