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Cryptocurrencies (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Additional Information about the Cost Basis and Fair Value of Cryptocurrencies

The following tables present additional information about the cost basis and fair value of cryptocurrencies, including those allocated to the Company's treasury strategy (in thousands, except units):

 

Cryptocurrency Inventory (1)

 

June 30, 2025

 

 

December 31, 2024

 

 

 

Units

 

 

Cost Basis

 

 

Fair Value

 

 

Carrying Value

 

Bitcoin (BTC)

 

 

7.58

 

 

$

806

 

 

$

814

 

 

$

949

 

(1) As of June 30, 2025 and December 31, 2024, the Company had an insignificant amount of Ethereum.

 

Cryptocurrency Investments

 

June 30, 2025

 

 

December 31, 2024

 

 

 

Units

 

 

Cost Basis

 

 

Fair Value

 

 

Carrying Value

 

Bitcoin (BTC)

 

 

100.35

 

 

$

9,095

 

 

$

10,749

 

 

$

561