Digital assets (Tables)

9 Months Ended

Sep. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

The composition of digital assets included the following (in thousands, except quantity):


Table 7.1. Details of Digital Assets
	September 30, 2026					December 31, 2025
	Quantity	Cost Basis		Fair Value		Quantity	Cost Basis		Fair Value
Canton Coin	379,921,930	$	19,956	$	47,987	367,760,063	$	13,612	$	56,028
Hyperliquid	504,210	22,749		45,880		81,437	4,578		2,072
Bitcoin(1)	77	4,747		6,390		73	2,255		6,409
Sui	4,098,935	8,898		4,765		3,838,405	8,599		5,385
Ether	1,728	4,455		4,637		1,747	4,529		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

Schedule of Gain (Losses)

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,
	2026		2025		2026		2025
(Gains) losses on disposals of digital assets	$	(2,256)	$	(24)	$	(2,177)	$	(54)


Unrealized (gains) losses on changes in fair value of digital assets	98		(1,647)		177		3,960

Total	$	(2,158)	$	(1,671)	$	(2,000)	$	3,906