CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating activities:
Net income (loss)	$ 461,193	$ (130,751)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	3,431	2,691
Reduction in carrying amount of right-of-use assets	2,124	1,994
Credit losses and sales allowances	21	272
Deferred taxes	(460,061)	(57,445)
Release of liabilities for unrecognized tax benefits	(102)	0
Share-based compensation expense	17,555	14,394
Digital asset impairment losses	18,911	170,091
Amortization of issuance costs on long-term debt	2,210	2,129
Gain on debt extinguishment	(44,686)	0
Changes in operating assets and liabilities:
Accounts receivable	10,241	8,183
Prepaid expenses and other current assets	423	(2,838)
Deposits and other assets	(6)	(5,801)
Accounts payable and accrued expenses	4,230	(2,041)
Accrued compensation and employee benefits	(16,327)	(12,735)
Accrued interest	7,539	9,051
Deferred revenue and advance payments	33,352	48,895
Operating lease liabilities	(2,594)	(2,382)
Other long-term liabilities	(57)	(25)
Net cash provided by operating activities	37,397	43,682
Investing activities:
Purchases of digital assets	(179,275)	(215,500)
Purchases of property and equipment	(499)	(641)
Net cash used in investing activities	(179,774)	(216,141)
Financing activities:
Proceeds from secured term loan, net of lender fees	0	204,693
Repayments of secured term loan	(159,900)	0
Repayments of other long-term secured debt	(128)	0
Proceeds from sale of common stock under public offerings	341,062	0
Issuance costs paid related to sale of common stock under public offerings	(2,045)	0
Proceeds from exercise of stock options	6,750	288
Payment of withholding tax on vesting of restricted stock units	(497)	(495)
Net cash provided by financing activities	187,622	207,291
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	351	(324)
Net (decrease) increase in cash, cash equivalents, and restricted cash	45,596	34,508
Cash, cash equivalents, and restricted cash, beginning of period	50,868	64,434
Cash, cash equivalents, and restricted cash, end of period	96,464	98,942
Employee Stock Purchase Plan
Financing activities:
Proceeds from sales under employee stock purchase plan	$ 2,380	$ 2,805