v3.26.1
Fair Value of Financial Instruments and Other Assets - Schedule of Financial Instruments Measured at Fair Value (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Fair Value of Financial Instruments    
Cash equivalents – Money market funds and other highly liquid investments $ 1,846,688 $ 1,810,560
Investment in available for sale debt securities 38,615 24,857
Investment in equity securities 22,926  
Digital asset loan receivable   24,411
Digital assets – Canton Coins 230,046 242,729
Receivable and due from related parties – Foreign exchange derivative contracts 6,857  
Total assets measured at fair value 2,145,132 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 1,846,688 1,810,560
Investment in available for sale debt securities 0 0
Investment in equity securities 8,391  
Digital asset loan receivable   0
Digital assets – Canton Coins 230,046 242,729
Receivable and due from related parties – Foreign exchange derivative contracts 0  
Total assets measured at fair value 2,085,125 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 38,615 0
Investment in equity securities 14,535  
Digital asset loan receivable   24,411
Digital assets – Canton Coins 0 0
Receivable and due from related parties – Foreign exchange derivative contracts 6,857  
Total assets measured at fair value 60,007 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 0 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 $ 0 24,857
Payable and due to related parties – Foreign exchange derivative contracts   0
Total   $ 0