v3.26.1
LOANS RECEIVABLE (Tables)
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Loans Receivable, Current And Non-Current
Loans Receivable, Current and Non-current
(in thousands)
June 30, 2026
December 31, 2025
Loans receivable
$
947,657 
$
554,622 
Loans receivable, non-current
6,787 
2,553 
Less: allowance for credit loss
(249)
(173)
Loans receivable, current and non-current
$
954,195 
$
557,002 
(in thousands)
June 30, 2026
December 31, 2025
Loans payable
$
286,715 
$
52,626 
Assets Posted as Collateral Associated with Loans Payable
(in thousands)
June 30, 2026
December 31, 2025
Assets posted as collateral — Digital assets
$
12,686 
$
13,317 
Less: Allowance for credit losses
(62)
(62)
Assets posted as collateral associated with digital asset loans payable
$
12,624 
$
13,255 
Schedule of Outstanding Loans Receivable to be Repaid
Loans receivable are scheduled to be repaid during the following periods:
(in thousands)
Amounts
2026 (remaining)
$927,180 
2027
22,088 
2028
3,688 
2029
1,188 
2030
300 
2031
— 
Loans receivable, current and non-current
$
954,444 
Schedule of Collateral Payable Associated With Loans Receivable, Current
Collateral Payable Associated with Loans Receivable, Current and Non-current
(in thousands)
June 30, 2026
December 31, 2025
Collateral payable — Digital assets
$
786,599 
$
613,716 
Collateral payable — Cash
171 
1,192 
Collateral payable associated with loans receivable, current and non-current
$
786,770 
$
614,908