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Investment in Equity Investees (Tables)
3 Months Ended
Mar. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Activity in Investment in Equity Investee in the Company’s investments in equity investees during the three months ended March 31, 2023 consisted of the following (in thousands):

 

Balance as of January 1, 2023

 

$

37,478

 

Cost of miners and mining equipment contributed

 

 

1,925

 

Accretion of basis differences related to miner contributions

 

 

1,670

 

Capital distributions

 

 

(3,807

)

Bitcoin received from equity investees

 

 

(317

)

Equity in net losses of equity investees

 

 

(2,420

)

Balance as of March 31, 2023

 

$

34,529