v3.26.3
Digital assets
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Digital assets
7. Digital assets
The composition of digital assets included the following (in thousands, except quantity):
Table 7.1. Details of Digital Assets
September 30, 2026December 31, 2025
QuantityCost BasisFair ValueQuantityCost BasisFair Value
Canton Coin379,921,930$19,956 $47,987 367,760,063$13,612 $56,028 
Hyperliquid504,21022,749 45,880 81,4374,578 2,072 
Bitcoin(1)
774,747 6,390 732,255 6,409 
Sui4,098,9358,898 4,765 3,838,4058,599 5,385 
Ether1,7284,4554,6371,7474,529 5,188 
Other digital assets(2)
n.m.32,530 23,696 n.m.22,302 11,433 
Total digital assets$93,335 $133,355 $55,875 $86,515 
(1) Includes $3.3 million and nil of cirBTC as of September 30, 2026 and December 31, 2025, respectively, which are included in Prepaid expenses and other current assets on the unaudited Condensed Consolidated Balance Sheets.
(2) Includes other digital asset balances, none of which individually represented more than 10% of the fair value of the total digital assets.
n.m.= not meaningful
As of September 30, 2026, there are certain digital assets with a total fair value of $2.7 million subject to various time-based contractual sale restrictions ranging from October 2026 until May 2030.
Digital assets losses (gains) consists of the following (in thousands):
Table 7.2. Digital assets losses (gains)
Three months ended September 30,Nine months ended September 30,
2026202520262025
(Gains) losses on disposals of digital assets$(2,256)$(24)$(2,177)$(54)
Unrealized (gains) losses on changes in fair value of digital assets98 (1,647)177 3,960 
Total$(2,158)$(1,671)$(2,000)$3,906 
Refer to Note 12 for gains and losses on digital assets held for investments.