v3.26.1
Digital Assets (Tables)
12 Months Ended
Dec. 31, 2025
Digital Assets  
Schedule of ETH Digital Assets

The following table sets forth the units held, cost basis, and fair value of ETH digital assets held, as shown on the consolidated balance sheet as of December 31, 2025 ($ in thousands):

 

   Units   Cost Basis   Fair Value 
ETH   40,093   $157,711   $119,384 
Total   40,093   $157,711   $119,384 
Schedule of Reconciliation of ETH Digital Assets

The following table represents a reconciliation of ETH digital assets held (in thousands):

 

     
Fair value, December 31, 2024  $- 
Additions   195,847 
Sales   (33,864)
Receipt of ETH from native staking activities   1,543 
Realized loss   (5,815)
Unrealized measurement of fair value   (38,327)
Fair value, December 31, 2025  $119,384