v3.25.2
INVESTMENT IN EQUITY INVESTEES (Tables)
6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Activity in Investment in Equity Investee
Activity in the Company’s investments in equity investees during the six months ended June 30, 2025, and 2024, consisted of the following (in thousands):
For the Six Months Ended June 30,
20252024
Opening balance$53,908 $35,258 
Cost of contributed mining equipment and other capital contributions12,842 20,437 
Accretion of basis differences related to miner contributions3,199 3,342 
Bitcoin received from equity investees(13,857)(5,907)
Equity in net losses of equity investees(10,191)(3,181)
Ending Balance$45,901 $49,949