Digital Assets (Tables)

12 Months Ended

Dec. 31, 2022

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:

	December 31,
	2022		2021
Approximate number of bitcoins held		132,500		124,391
Digital assets carrying value	$	1,840,028	$	2,850,210
Cumulative digital asset impairment losses	$	2,153,162	$	901,319

The following table summarizes the Company’s digital asset purchases, digital asset sales, digital asset impairment losses, and gains on sale of digital assets (in thousands, except number of bitcoins) for the periods indicated:

	Years Ended December 31,
	2022		2021		2020
Approximate number of bitcoins purchased		8,813		53,922		70,469
Approximate number of bitcoins sold		704		0		0
Digital asset purchases	$	287,921	$	2,626,529	$	1,125,000
Digital asset sales	$	11,817	$	0	$	0
Digital asset impairment losses	$	1,287,213	$	830,621	$	70,698
Gains on sale of digital assets	$	927	$	0	$	0