v3.26.1
Related Party Transactions
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
For the three and six months ended June 30, 2026, there were $69.4 million and $436.4 million, respectively, of revenue transactions with executive officers and shareholders, of which $68.8 million and $433.5 million, respectively, were digital asset sales and $0.6 million and $2.9 million, respectively, were wallet solutions and staking revenue. Additionally, the Company acquired digital assets from executive officers and shareholders to be resold. For the three and six months ended June 30, 2026, there were $100.4 million and $464.2 million, respectively, of related party digital assets sales costs. As of June 30, 2026, the Company had no borrowings and $0.5 million of accounts receivable outstanding with related parties.
For the three and six months ended June 30, 2025, there were $514.7 million and $609.2 million, respectively, of revenue transactions with executive officers and shareholders, of which $509.5 million and $595.9 million, respectively, were digital asset sales and $5.3 million and $13.2 million, respectively, were wallet solutions and staking revenue. Additionally, the Company acquired digital assets from executive officers and shareholders to be resold. For the three and six months ended June 30, 2025, there were $503.8 million and $594.8 million, respectively, of related party digital assets sales costs. As of December 31, 2025, the Company had $22.9 million in borrowings and $0.5 million of accounts receivable outstanding with related parties.