v3.26.1
Digital Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Significant Digital Assets Holdings

The following table sets forth the units held, cost basis and fair value of crypto assets held, as shown on the balance sheet as of June 30, 2026 and December 31, 2025, respectively (In thousands, except for crypto asset quantities):

 

   As of June 30, 2026 
   Quantity   Cost Basis   Fair Value 
Bitcoin   5,355   $493,260   $313,378 
Total       $493,260   $313,378 

 

   As of December 31, 2025 
   Quantity   Cost Basis   Fair Value 
Bitcoin   5,000   $466,797   $441,791 
Total       $466,797   $441,791 
Schedule of Reconciliation of Digital Assets

The following table presents a reconciliation of the fair values of the Company’s digital assets for the six months ended June 30, 2026 (In thousands):

 

   Fair value 
Digital assets fair value as of December 31, 2025  $441,791 
Purchase of digital assets   35,953 
Sales of digital assets   (6,861)
Net unrealized loss on digital assets   (154,829)
Realized loss on digital assets   (2,676)
Digital assets fair value as of June 30, 2026  $313,378