Other income (expense), net

3 Months Ended

Mar. 31, 2026

12. Other income (expense), net

The following table presents our major categories of Other income (expense), net (in thousands):


Table 12.1. Other income (expense), net
	Three months ended March 31,
	2026		2025
Gains (losses) on digital assets and other investments, net	$	(3,576)	$	(8,263)
Interest income on corporate balances	13,709		7,965
Changes in fair value of convertible debt, warrant liability, embedded derivatives and U.S. Treasury securities	(4,108)		(2,382)
Interest expense and amortization of discount	(38)		(335)
Foreign currency exchange gain (loss)	5,121		(539)
Other, net	575		451
Total Other income (expense), net	$	11,683	$	(3,103)