v3.26.1
Digital Assets (Tables)
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Fair Value in Digital Assets
The table below outlines the fair value of the Company's digital assets based on publicly available rates as of the dates presented as well as the cost:
(in thousands, except units)
March 31, 2026
UnitsCost BasisFair Value
Bitcoin628$21,600 $42,760 
Ethereum1,8613,402 3,914 
Solana17,5412,895 1,455 
Other*102 100 
Digital assets$27,999 $48,229 
(in thousands, except units)
December 31, 2025
UnitsCost BasisFair Value
Bitcoin1,70453,449 149,164 
Ethereum1,8983,476 5,633 
Solana12,4732,385 1,552 
Other*102 98 
Digital assets$59,412 $156,447 

*Other digital assets unit balances are not considered meaningful.
Schedule of Other Operating Activities Settled in Digital Assets and USDC
The following table summarizes other operating activities settled in digital assets and stablecoins:
(in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenues$(23,954)$(35,764)
Expenses12,991 6,376 
Conversion of digital assets and stablecoins to cash, net8,900 14,757 
Accounts receivable and other current assets1,514 439 
Payroll liabilities96 (624)
Currency translation related to digital assets101 (254)
Other operating activities settled in digital assets and stablecoins
$(352)$(15,070)