v3.25.3
INVESTMENT IN EQUITY INVESTEES (Tables)
9 Months Ended
Sep. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Activity in Investment in Equity Investee
Activity in the Company’s investments in equity investees during the nine months ended September 30, 2025, and 2024, consisted of the following (in thousands):
For the Nine Months Ended September 30,
20252024
Opening balance$53,908 $35,258 
Capital contributions
17,568 29,194 
Accretion of basis differences related to miner contributions3,927 4,442 
Bitcoin received from equity investees(20,714)(10,487)
Equity in net losses of equity investees(12,400)(3,434)
Ending Balance$42,289 $54,973