v3.24.1.u1
OTHER (INCOME) EXPENSE, NET
 3 Months Ended
Mar. 31, 2024
Other Income and Expenses [Abstract]  
OTHER (INCOME) EXPENSE, NET OTHER (INCOME) EXPENSE, NET
Other (income) expense, net consisted of the following (in thousands):
Three Months Ended March 31,
20242023
Foreign exchange losses, net$1,651 $13,878 
Strategic investment losses, net
849 6,319 
Gains on crypto asset loan receivables(1)
(25,526)— 
Gains on other financial instruments, net(13,186)— 
Other(9,393)68 
Total Other (income) expense, net$(45,605)$20,265 
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(1)Represents unrealized gains on crypto asset loans made from the Company’s portfolio of crypto assets held as investment. See Note 6. Collateralized Arrangements and Financing for additional details.