v3.26.1
Other Current Assets, Net
6 Months Ended
Jun. 30, 2026
Other Current Assets, Net [Abstract]  
OTHER CURRENT ASSETS, NET

7. OTHER CURRENT ASSETS, NET

 

Other current assets consisted of the following:

 

    As of  
    June 30,
2026
    December 31,
2025
 
             
Other receivables due from third parties (1)     2,494       4,781  
Deposits due from third parties (2)     5,747       5,762  
Others     18       62  
Other current assets, gross     8,259       10,605  
Less: Allowance for credit losses (3)     (1,412 )     (1,247 )
Other current assets, net     6,847       9,358  

 

(1) The balance of other receivables due from third parties primarily comprised: (i) Bitcoins transferred to a third party in pursuit of a premium sale opportunity; (ii) receivables arising from payments made on behalf of others; and (iii) borrowings extended to certain third parties.

 

(2) The balance of deposits due from third parties primarily represented the deposits paid to the owner or operator of mining facilities and to the power suppliers, which will be received upon termination of the service agreements.

 

(3) Credit loss expense of $165 million was recognized during the six months ended June 30, 2026, primarily for a potentially uncollectable receivables due from a third party.