v3.26.1
Non-controlling Interests (Tables)
 12 Months Ended
Dec. 31, 2025
Noncontrolling Interest [Abstract]  
Summary of Changes in the Balances Non-controlling Interests
The following table presents the changes in the balances of
non-controlling
interests for the year ended December 31, 2025 and 2024 (in thousands):
 
    
BitAccess
     
BT HoldCo
     
Total
  
Beginning balance January 1, 2024
    $ 2,707      $ 22,480      $ 25,187  
Distributions
      —         (37,160 )       (37,160 ) 
Share-based compensation expense
      31        —         31  
Foreign currency translation
      —         173        173  
Recapitalization
      —         (585 )       (585 ) 
Net (loss) income
      (64 )       19,564        19,500  
  
 
 
     
 
 
     
 
 
  
Ending balance December 31, 2024
    $ 2,674      $ 4,472      $ 7,146  
Distributions
      —         (10,116 )       (10,116 ) 
Share-based compensation expense
      31        —         31  
Distribution related to
Up-C
Restructuring
      —         (8,595 )       (8,595 ) 
Foreign currency translation
      (48 )       (149 )       (197 ) 
Recapitalization
      —         —         —   
Net (loss) income
      (3,497 )       14,388        10,891  
  
 
 
     
 
 
     
 
 
  
Ending balance December 31, 2025
    $ (840 )     $ —       $ (840 )