v3.26.1
Other income (expense), net - Schedule of Major Categories of Other (Expense) Income, Net (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Other Income and Expenses [Abstract]        
Realized and unrealized gains (losses), net, on digital assets held for investment, other related investments, and strategic investments $ 3,702 $ 5,738 $ 377 $ (2,524)
Impairment losses on strategic investments (115) (506) (366) (506)
Interest income on corporate balances 14,517 9,952 28,226 17,917
Changes in fair value of convertible debt, warrant liability, embedded derivatives and U.S Treasury securities (1,876) (167,724) (5,984) (170,106)
Interest expense, net of amortization of discounts and premiums (64) (344) (102) (679)
Foreign currency exchange gains (losses) 1,475 (8,067) 6,596 (8,605)
Other, net 308 530 883 979
Total other income (expense), net $ 17,947 $ (160,421) $ 29,630 $ (163,524)