v3.26.1
Fair Value of Financial Instruments and Other Assets - Financial Instruments Measured at Fair Value (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Fair Value of Financial Instruments    
Cash equivalents – Money market funds and other highly liquid investments $ 1,722,837 $ 1,810,560
Investment in available for sale debt securities 26,076 24,857
Investment in equity securities 26,585  
Digital asset loan receivable   24,411
Digital assets – Canton Coins 243,498 242,729
Receivable and due from related parties – Foreign exchange derivative contracts 2,981  
Total assets measured at fair value 2,021,977 2,102,557
Payable and due to related parties – Foreign exchange derivative contracts   6,657
Total   6,657
Quoted Prices in active Markets for Identical Assets (Level 1)    
Fair Value of Financial Instruments    
Cash equivalents – Money market funds and other highly liquid investments 1,722,837 1,810,560
Investment in available for sale debt securities 0 0
Investment in equity securities 0  
Digital asset loan receivable   0
Digital assets – Canton Coins 243,498 242,729
Receivable and due from related parties – Foreign exchange derivative contracts 0  
Total assets measured at fair value 1,966,335 2,053,289
Payable and due to related parties – Foreign exchange derivative contracts   0
Total   0
Significant Observable Inputs (Level 2)    
Fair Value of Financial Instruments    
Cash equivalents – Money market funds and other highly liquid investments 0 0
Investment in available for sale debt securities 0 0
Investment in equity securities 26,585  
Digital asset loan receivable   24,411
Digital assets – Canton Coins 0 0
Receivable and due from related parties – Foreign exchange derivative contracts 2,981  
Total assets measured at fair value 29,566 24,411
Payable and due to related parties – Foreign exchange derivative contracts   6,657
Total   6,657
Significant Unobservable Inputs (Level 3)    
Fair Value of Financial Instruments    
Cash equivalents – Money market funds and other highly liquid investments 0 0
Investment in available for sale debt securities 26,076 24,857
Investment in equity securities 0  
Digital asset loan receivable   0
Digital assets – Canton Coins 0 0
Receivable and due from related parties – Foreign exchange derivative contracts 0  
Total assets measured at fair value $ 26,076 24,857
Payable and due to related parties – Foreign exchange derivative contracts   0
Total   $ 0