v3.25.2
LOANS AND NOTES PAYABLE (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [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 $193,752 
Schedule of Contractual Obligation, Fiscal Year Maturity
As of June 30, 2025, the Company’s notes payable repayment obligation was as follows:
(in thousands)Amount Due
2025$— 
2026445,000 
2027— 
2028— 
2029402,500 
Total$847,500