v3.26.3
CRYPTO ASSETS HELD FOR INVESTMENT
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
CRYPTO ASSETS HELD FOR INVESTMENT
7. CRYPTO ASSETS HELD FOR OPERATIONS
The following table summarizes Crypto assets held for operations (in thousands, except units):
September 30, 2026
December 31, 2025
Units
Cost Basis
Fair Value
Units
Cost Basis
Fair Value
Bitcoin117 $9,405 $9,798 487 $48,191 $43,282 
Ethereum3,702 11,329 9,935 10,499 27,341 31,174 
Solana65,793 8,099 7,767 52,933 7,698 6,624 
Other crypto assets(1)
nm34,850 25,559 
nm
55,068 39,751 
Total held for operations
$63,683 $53,059 $138,298 $120,831 
__________________
nm - not meaningful
(1)Includes various other crypto asset balances, none of which individually represented more than 5% of the fair value of total Crypto assets held for operations.
9. CRYPTO ASSETS HELD FOR INVESTMENT
The following table summarizes Crypto assets held for investment (in thousands, except units):
September 30, 2026
December 31, 2025
Units
Cost Basis
Fair Value
Units
Cost Basis
Fair Value
Bitcoin
17,954 
$
1,258,890 
$
1,500,848 
15,389 
$
1,079,153 
$
1,346,452 
Ethereum
152,649 
346,292 
409,997 
151,175 
348,975 
448,484 
Other crypto assets(1)
nm
257,766 
313,966 
nm
323,226 
203,935 
Total held for investment
$
1,862,948 
$
2,224,811 
$
1,751,354 
$
1,998,871 
__________________
nm - not meaningful
(1)Includes various other crypto asset balances, none of which individually represented more than 5% of the fair value of total Crypto assets held for investment.

As of September 30, 2026, the Company held $157.6 million of Crypto assets held for investment subject to selling restrictions that are time-based and lift between 2026 and 2030.