Digital Assets (Tables)

3 Months Ended

Mar. 31, 2023

Intangible Assets Net Excluding Goodwill [Abstract]

Summary of Digital Asset Holdings, Digital Asset Purchases and Digital Asset Impairment Losses

The following table summarizes the Company’s digital asset holdings (in thousands, except number of bitcoins), as of:

	March 31,		December 31,
	2023		2022
Approximate number of bitcoins held		140,000		132,500
Digital assets carrying value	$	2,000,392	$	1,840,028
Cumulative digital asset impairment losses	$	2,172,073	$	2,153,162

The following table summarizes the Company’s digital asset purchases and digital asset impairment losses (in thousands, except number of bitcoins) for the periods indicated. The Company did not sell any of its bitcoins during the three months ended March 31, 2023 or 2022, respectively.

	Three Months Ended
	March 31,
	2023		2022
Approximate number of bitcoins purchased		7,500		4,827
Digital asset purchases	$	179,275	$	215,500
Digital asset impairment losses	$	18,911	$	170,091