Investments in Equity Investees (Tables)

6 Months Ended

Jun. 30, 2024

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Activity in Investments in Equity Investee

Activity in the Company’s investments in equity investees during the six months ended June 30, 2024, and 2023, consisted of the following (in thousands):

Balance as of December 31, 2022	$	37,478
Cost of contributed mining equipment and other capital contributions		1,925
Accretion of basis differences related to miner contributions		3,340
Capital distributions		(3,807	)
Bitcoin received from equity investees		(317	)
Equity in net losses of equity investees		(5,521	)
Balance as of June 30, 2023	$	33,098
Balance as of December 31, 2023	$	35,258
Cost of contributed mining equipment and other capital contributions		20,437
Accretion of basis differences related to miner contributions		3,342
Capital distributions		-
Bitcoin received from equity investees		(5,907	)
Equity in net losses of equity investees		(3,181	)
Balance as of June 30, 2024	$	49,949