The following table presents information about the Company’s bitcoin (in thousands): | | | | | | | | | | | | | For the Nine Months Ended September 30, | | 2026 | | 2025 | | Opening balance | $ | 125,400 | | | $ | 92,651 | | | Bitcoin received from equity investees | 2,772 | | | 20,714 | | | Bitcoin received from mining activities | 80,908 | | | 139,858 | | | Bitcoin received from loan | - | | | 16,551 | | | Bitcoin paid for interest on loan | - | | | (140) | | | Proceeds from sales of bitcoin | (168,941) | | | (150,226) | | Realized (losses) gains on sales of bitcoin, net | (47,251) | | | 16,092 | | | Unrealized gains (losses) on fair value of bitcoin | 33,055 | | | (2,927) | | | | | | Realized loss on bitcoin transferred to collateral, net | - | | | (3,195) | | Bitcoin transferred from collateral, net | - | | | 40,925 | | | Ending balance | $ | 25,943 | | | $ | 170,303 | | |
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